The Seattle Seahawks are officially on the market, but so far, no buyer has emerged at the expected valuation. ESPN’s Seth Wickersham reports, citing an unnamed team owner, that the market for the franchise is “soft.”

This softness has raised doubts among decision-makers about whether the final sale price will reach the upper end of the projected $9 billion to $11 billion range. According to Wickersham’s sources, the most likely outcome is a price slightly above $9 billion—still a record-breaker but falling short of the most aggressive projections.

The previous record for an NFL team sale was set in 2023, when the Washington Commanders sold to Josh Harris for $6.05 billion. While the Seahawks’ expected price of over $9 billion would surpass that figure, it would not dramatically exceed it.

One major obstacle is the financial barrier for potential buyers. Few individuals possess the liquid assets required to cover a 30% down payment on a $9 billion purchase. This limitation has significantly narrowed the pool of qualified buyers.

The sale process is expected to extend into the 2026 season, according to Wickersham’s report. Complicating matters further, current team management was reportedly reluctant to proceed with the sale, even facing a potential $5 million fine for non-compliance. This reluctance could lead to delays that appear accidental but may, in some cases, be subtly deliberate.