Jody Allen, chair of the Seattle Seahawks and trustee of the Paul G. Allen Trust, said in a statement released Tuesday by the team that neither the Seahawks nor the NBA's Portland Trail Blazers, which the Allen Trust owns as well, are currently up for sale, Jeremy Bergman of NFL.com reports.

"As chair of both the Portland Trail Blazers and the Seattle Seahawks, my long-term focus is building championship teams that our communities are proud of," Allen said. "Like my brother Paul, I trust and expect our leaders and coaches to build winning teams that deliver results on and off the court and field.

"As we've stated before, neither of the teams is for sale and there are no sales discussions happening.

"A time will come when that changes given Paul's plans to dedicate the vast majority of his wealth to philanthropy, but estates of this size and complexity can take 10 to 20 years to wind down. There is no pre-ordained timeline by which the teams must be sold.

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