forbes.com

Seattle Seahawks on the Forbes NFL Team Valuations List

#15 Seattle Seahawks

Team Value

1

Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).

$5.45BCalculated August 2024

Owner(s)

Paul G. Allen Trust

Revenue

2

Net of stadium revenues used for debt payments.

$600M

Operating Income

3

Earnings before interest, taxes, depreciation and amortization.

$104M

Debt/Value

4

Includes stadium debt.

3%

Player Expenses

5

Includes benefits and bonuses.

$311M

Gate Receipts

6

Includes club seats.

$89M

Wins-to-player cost ratio

7

Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.

94

Revenue per Fan

8

Local revenues divided by metro population, with populations in two-team markets divided in half.

$40

Media partners

tv: King 5; radio: 710 ESPN, 97.3 KIRO FM

Revenues and operating income are for the 2023 season and net stadium debt service.

Footnotes

In August, the Seahwaks announced Umpqua Bank as the franchise's Official Bank Partner in a multi-year deal. As part of the agreement, the suite level at Lumen Field will be renamed the Umpqua Bank Suite Level, as well as the team's radio network will be known as the Umpqua Bank Radio Network.

13. Current team value compared with latest transaction price.

Value1

Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).

$5.5B

Revenue2

Net of stadium revenues used for debt payments.

$600M

Operating Income3

Earnings before interest, taxes, depreciation and amortization.

$104M

Player Expenses5

Includes benefits and bonuses.

$311M

Win-to-Player Cost Ratio7

Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.

94

Lumen Field

Owner(s)

Washington State Public Stadium Authority

Concessionaire

Levy, First & Goal Hospitality

Graphic of Seattle Mariners

Graphic of Seattle, WA