Seattle Seahawks Sale: What does the latest ownership update mean for the franchise?(Getty)The Seattle Seahawks sale has entered a crucial stage after the ownership race narrowed to two groups. The franchise is changing hands because the estate of late owner Paul Allen decided to sell the team in line with his long-term estate plans. With Todd Boehly out of the race, the Allen estate is now closer to choosing the Seahawks' next owner.The latest ownership update gives fans a clearer picture of where the process stands. Only two bidding groups remain, and a decision could come before the start of the 2026 NFL season. While John Schneider and Mike Macdonald will continue running football operations, the next owner will eventually shape the franchise's business strategy and long-term direction.Seattle Seahawks ownership race enters its final stretch with two bidders leftThe race to buy the Seattle Seahawks is now down to two groups. According to Heavy Sports, the leading bid includes Aditya Mittal and Boston Celtics governor Wyc Grousbeck. The other group is led by venture capitalist Vinod Khosla and his son, Neal Khosla. The report also said Todd Boehly is no longer part of the bidding process.Heavy added that a former Seahawks player is involved with one of the remaining ownership groups, although the player's identity has not been disclosed. The latest development brings more clarity to a process that has stretched over several months. With only two bidders left, the sale appears to be entering its final phase ahead of the 2026 NFL season. John Schneider and head coach Mike Macdonald will continue to handle football decisions, but the ownership choice will reach much further than the roster. The next owner will guide the franchise's financial future, business strategy and long-term plans, making this the most significant stage of the Seattle Seahawks sale so far.The process also gained momentum after Seahawks vice chair Bert Kolde attended the Allen & Co. conference in Sun Valley, Idaho. The annual gathering regularly attracts influential business leaders, investors and sports executives, making it a key venue for conversations surrounding major franchise transactions.The Seahawks have been moving toward a sale since the death of longtime owner Paul Allen in 2018. His estate, led by trustee Jody Allen, has operated the franchise ever since.Earlier this year, the Allen estate confirmed that the team would be sold in accordance with Paul Allen's estate plans. The proceeds from the sale will support the philanthropic work outlined in his estate, which is why the franchise is on the market today.Each remaining group brings experience from professional sports and business. Mittal has invested about $1 billion in the Boston Celtics ownership group led by Bill Chisholm and has worked alongside Grousbeck. Khosla and his son Neal already own a minority stake in the San Francisco 49ers, giving the family direct experience with NFL ownership.Nothing changes for the Seahawks on the field today. Schneider and Macdonald will continue leading football operations as training camp approaches. The bigger change will come after the sale is complete. The new owner will oversee the franchise's long-term business decisions, future investments, stadium projects if needed and the overall vision for the organization. With the bidding down to two groups, the latest ownership update shows the process is moving toward its biggest decision yet. That decision will shape the next chapter of the Seattle Seahawks long after the sale is finalized.