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This article first appeared on GuruFocus.
Apple (NASDAQ:AAPL) and Meta Platforms ([URL='https://finance.yahoo.com/quote/META']NASDAQ:META) are popping up in an unexpected place, [/URL]with reports suggesting their CEOs could be interested in buying the Seattle Seahawks.
According to Front Office Sports, Tim Cook and Mark Zuckerberg have both been linked to potential bids, though nothing has been formally submitted yet. The team is on the market following the estate plan of Paul Allen, and could fetch more than $6.05 billion, which would put it in record territory for an NFL sale.
There's a bit of personal interest behind the headlines. Cook has long been open about his love for sports, while Zuckerberg has leaned more into athletic pursuits and media over the years. Still, this is all very early, and neither side has confirmed anything publicly.
Continue reading...
Apple (NASDAQ:AAPL) and Meta Platforms ([URL='https://finance.yahoo.com/quote/META']NASDAQ:META) are popping up in an unexpected place, [/URL]with reports suggesting their CEOs could be interested in buying the Seattle Seahawks.
According to Front Office Sports, Tim Cook and Mark Zuckerberg have both been linked to potential bids, though nothing has been formally submitted yet. The team is on the market following the estate plan of Paul Allen, and could fetch more than $6.05 billion, which would put it in record territory for an NFL sale.
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There's a bit of personal interest behind the headlines. Cook has long been open about his love for sports, while Zuckerberg has leaned more into athletic pursuits and media over the years. Still, this is all very early, and neither side has confirmed anything publicly.
Continue reading...