Kam Chancellor: to the Seahawks boardroom or the sidelines?
Kam Chancellor needs a new career. Turns out he has an idea it could be with the Seahawks, the team he helped build into one of the NFL’s best.
Of course, you know what’s going on with Kam Chancellor, one of the greatest Seahawks ever. Whether he eventually makes it into the Hall of Fame or not, 12s know how great he was. Chancellor is still getting paid by Seattle, so he doesn’t have to go job-hunting, and shouldn’t.
But he doesn’t exactly have a job right now, either. It appears he may be getting a little bored, as he posed an interesting question on Twitter the other day. Chancellor asked if any NFL player had ever been a part owner of a team. The interwebs being what they are, Chancellor got plenty of answers, among them that the Denver Broncos offered John Elway the chance to buy into the team. Instead, he became their general manager, a decision which I imagine ownership still regrets. I mean, for a quarterback, he has a hard time identifying them, doesn’t he?
Anyway, back to Kam Chancellor. Here’s his post – tweet, for those technical-minded folk out there:
Seattle Seahawks
Could Kam Chancellor really buy in?
There are plenty of the expected comments, such as Brady owns the Jets, Dolphins, and Bills, but let’s focus on reality. Several commented that Chancellor wouldn’t have nearly enough money to buy in. Well, he didn’t say he wanted to buy the team, just a piece of it. Through 2018 he had earned $45 million, and he just got paid another $5 million. So if he invested wisely, let’s assume he can come up with $40 million to buy his piece of the Seahawks.
The current market value of the team is estimated to be $2.58 billion by forbes.com. So for his giant wad of cash, Kam could own 1.5 percent of the team. Let’s say Jody Allen does a very unbusiness-like thing and gives him a discount, and Kam Chancellor becomes the proud owner of two percent of the Seahawks. Would that truly make him happy?
I’m certain it would make his accountant happy. I’m sure it would make 12s happy as well. But how much influence would he have with a two percent ownership stake? I can see Chancellor satisfied as an owner to some extent, but as he himself tweeted,
I’m sure if anyone can liven up an organization, it would be Kam Chancellor. But would the Seahawks benefit more from him in the boardroom, or on the sidelines? I’m all for him buying into the franchise, and getting where the real money is. But there can’t be a single doubt that he’d bring even more to the team as a coach. There’s no need to move Nick Sorensen out of his gig as secondary coach. I can see the title now: Kam Chancellor, Assistant Head Coach, Intimidation.
By all means, the Seahawks should allow players to buy into the team. Especially players like Kam Chancellor, who gave so much to his teammates, his fans, and his city. But there’s no reason he can’t own a piece of the team, and liven them up on the field at the same time. Ms. Allen, Coach Carroll, you can make this happen!