'Seattle News Weekly': Potential buyers for Seahawks
'Seattle News Weekly S1E27': Who will buy the Seattle Seahawks?
On this week's episode of the Seattle News Weekly podcast, FOX 13's Bill Wixey and Matthew Smith discuss the major headline this week — the sale of the Seattle Seahawks, and the potential billionaire buyers. The two chat about the "Millionaires Tax" that passed the State Senate, as well as the first Raising Cane's to open in Washington.
SEATTLE - From the Seattle Seahawks announcing they will officially sell, to bills moving along through this legislative session, to Seattle's first Raising Cane's opening in the University District, our state has seen some changes this week.
On this episode of the "Seattle News Weekly" podcast, FOX 13 Seattle Anchors Bill Wixey and Matthew Smith discuss the week's biggest stories in Seattle.
The episode opens with the hosts' discussion surrounding the impending sale of the Seattle Seahawks following their Super Bowl victory. They note that the sale is required by the Paul Allen estate and is estimated to fetch between $7 billion and $11 billion.
They further highlight potential buyers, which include billionaire names like Jeff Bezos, Steve Ballmer and Larry Ellison. The hosts discuss an NBA investigation into Steve Ballmer that might give NFL owners pause, and Jeff Bezos’s reported history of waiting for the Seahawks rather than bidding on other teams. They also highlight the staggering return on investment (roughly 6,000%) since Paul Allen bought the team for $200 million.
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The conversation shifts to the Millionaires Tax debate, where the Washington State Senate passed a 9.9% tax on personal income over $1 million. Governor Ferguson supports the tax but disagrees with how the revenue is being allocated, demanding more relief for small businesses and working families.
The hosts speculate on how this tax might affect the city's ability to attract free agents for the Seahawks or a potential NBA expansion team (SuperSonics).
They predict a lawsuit and a citizen-led referendum if the bill passes the House.
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The episode lightens up with a report on the opening of the first Raising Cane’s in Washington, where fans waited in line for over ten hours for a chance at "Free Cane's for a Year."
Matthew brings up the nostalgic feel of what seems to be a dying culture of "lining up" for things in the digital age, compared to big events like Black Friday shopping or concert tickets.
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First Seattle Raising Cane's opens in University District
Raising Cane's has officially opened its first Seattle location, marking the popular chicken finger chain's third restaurant in Washington.
The podcast concludes with a discussion on which other chains they would like to see in Washington, such as another In-N-Out burger or Whataburger.
Seattle News Weekly is a podcast that goes in depth and gives context to the stories that matter to the western Washington community. Check back every Thursday for a new episode on your favorite podcast platform, including Spotify, Apple Podcasts, Pandora, Stitcher, Amazon Music, TuneIn and Audible, or YouTube.
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The Source: Information in this story came from original FOX 13 reporting.