Report: Boston Celtics investors set to bid on Seahawks

Technology
Advertisements


Lumen Field in Seattle, home of the Seahawks. (GeekWire Photo / Kurt Schlosser)

Former Boston Celtics majority owner Wyc Grousbeck and Aditya Mittal, an investor in the NBA team, are preparing a bid to purchase the Seattle Seahawks, according to a report Thursday by Sportico.

Advertisements

The report cites multiple people familiar with the process in saying that Grousbeck and Mittal submitted a letter of interest to the banking team handling the sale process for the Paul G. Allen estate. The Seahawks, Grousbeck and Mittal declined to comment to Sportico.

Mittal is a member of one of India’s richest families and is CEO of ArcelorMittal, a Luxembourg-based steel manufacturing company. He invested $1 billion in the group that purchased the Celtics in 2025 for $6.1 billion.

Grousbeck led the ownership group that bought the Celtics in 2002 for $360 million.

At least one Seahawks fan site was optimistic about the potential bid. 12th Man Rising quoted Celtics expert Ben Handler, who called Grousbeck a popular owner who was “present but also hands off” — much like Paul and then his sister, Jody Allen.

“If the Seahawks are going to be sold, then Grousbeck and Mittal, who could invest the most amount of money, would appear to be the perfect transition from the Allen family,” the site said.

The estate of Allen, the late Microsoft co-founder, announced that the Seahawks were being put up for sale in February as part of the long process of divesting many of the assets and investments that Allen made during his lifetime. All proceeds are being directed toward philanthropy.

The team, which won its second NFL championship last season, is expected to fetch upwards of $7 billion.

A report last month named Apple CEO Tim Cook and Meta founder Mark Zuckerberg as potential Seahawks suitors, but the two denied any interest.


Leave a Reply

Your email address will not be published. Required fields are marked *