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HomeSportsFootballNFL News: Report: Celtics investors preparing bid to buy Seahawks

NFL News: Report: Celtics investors preparing bid to buy Seahawks

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Boston Celtics investor Aditya Mittal and former Celtics lead owner Wyc Grousbeck are preparing a bid to purchase the Seattle Seahawks, Sportico reported on Thursday.

The report said that Mittal and Grousbeck have submitted a letter of interest to Allen & Company, the investment banking team handling the sale for the estate of late owner Paul Allen.

The Seahawks officially have been up for sale since Feb. 18, 10 days after winning the second championship in franchise history at Super Bowl LX.

Last week, Front Office Sports reported that Tech titans Mark Zuckerberg of Meta and Tim Cook of Apple also have expressed interest in buying the team.

Mittal, 50, is the CEO of ArcelorMittal, a steel company based in Luxembourg. He contributed about $1 billion to the group led by Bill Chisholm that purchased the Celtics from Grousbeck and his father, Irving, in 2025, per Sportico.

Wyc Grousbeck, 64, is the founder of the group that bought the Celtics in 2002 and reportedly will remain part of the ownership group through 2028 to assure a smooth transition.

The Sportico report stated that “since Mittal lives in London, Grousbeck would reside in Seattle part-time and effectively operate the franchise.”

Allen, the Microsoft co-founder who purchased the team in 1997 for $194 million, died in 2018.

The team’s most recent valuation by Forbes was $6.7 billion, but projections put the potential sale price at anywhere from $8 to $11 billion. The NFL record is $6.05 billion for the Washington Commanders in 2023.

–Field Level Media

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