Wednesday, September 16, 2026

Kraken CEO Tod Leiweke, Wife Tara Join Sounders FC Ownership Group

  • Tod Leiweke oversaw Sounders FC’s expansion into MLS in 2009.
  • Ownership group already included Microsoft execs, Ciara, Russell Wilson and Macklemore.
Seattle Kraken CEO Tod Leiweke, Wife Tara Join Sounders FC Ownership Group
Joe Nicholson-USA TODAY Sports

Seattle Kraken CEO and part-owner Tod Leiweke and his wife Tara have joined the Seattle Sounders FC ownership group, the club announced on Oct. 5. 

Tod previously oversaw Sounders FC’s expansion into MLS in 2009. He was also CEO of the Seattle Seahawks from 2002-2010, then CEO of the Tampa Bay Lightning from 2010-2015 before becoming the NFL’s chief operating officer. 

He returned to serve as CEO of the then-unnamed Seattle NHL expansion franchise in 2018. 

The Leiwekes’ ownership stake in Sounders FC was finalized earlier this year, majority owner Adrian Hanauer said in an announcement, but the team “chose at the time to delay the official announcement due to the gravity of the issues being faced throughout the world.”

“When Tod and Tara returned to Seattle two years ago to lead the Kraken, I was thrilled on a professional level to have Tod back in the Seattle sports scene, but also, more personally, to welcome back some of the finest, most caring and genuine people I’ve ever had the pleasure to know,” Hanauer said. “Given Tod’s history with the club, I couldn’t have been more enthusiastic when the Leiwekes expressed interest in reinvolving themselves with Sounders FC on a deeper level.”

The Kraken are set for an NHL debut in 2021 and play in at Climate Pledge Arena, a new $930 million facility under construction at the site of the former KeyArena, where the NBA’s Seattle Supersonics played. 

“As a family, we have been privileged to enjoy an incredible journey through the professional sports world, but anyone that knows us understands that Seattle is home, and our fondness for Sounders FC runs deep,” the Leiwekes said. “Our friendship with Adrian dates back to a time when the idea of launching Sounders FC in Major League Soccer was just beginning. The launch of the club was a truly special moment in our lives, and seeing the organization thrive from the very beginning is something we take a lot of pride in. In our time away from Seattle, we always followed this great club, and to be able to return to it now is significant for us.”

In summer 2019, Sounders FC added 11 new families to its ownership group. That included multiple current and former Microsoft executives like Terry Myerson and his wife Katie, as well as CEO Satya Nadella and wife Anu; singer Ciara and her husband, Seahawks quarterback Russell Wilson; rapper Macklemore and wife Tricia Davis. 

Peter Tomozawa later joined as the team’s president of business operations as well as an owner along with his wife, Donna DeLuc.

Sounders FC currently sits atop of the Western Conference with nine games left in the pandemic-interrupted 2020 regular season. 

This field is for validation purposes and should be left unchanged.

Sign up for the
Asset Class Newsletter

Get the latest in sports finance, investment, and transaction activity, straight to your inbox once a week.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

asset class

Ndamukong Suh Says He Almost Invested in the Seahawks

He also “looked at” the Portland Blazers and Thorns.

NFL Kickoff Ratings Dip on Wednesday

Viewership surprisingly fell for the NFL’s season opener.
Feb 8, 2026; Santa Clara, CA, USA; New England Patriots center Garrett Bradbury (65) against the Seattle Seahawks during Super Bowl LX at Levi's Stadium.

NFL Wednesday Games: A New Normal?

NBC Sports is already looking ahead to potentially more Wednesday games.

NFL Once Again Pushing Boundaries As New Season Kicks Off

Wednesday games are a new theme this NFL season.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Ndamukong Suh & Jay Williams on the Business of Life After Sports

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”

Diamond Baseball Holdings Interested in ‘Any and All’ MiLB Teams

The Silver Lake–backed entity remains on the hunt for more teams.
Jason Robins Front Office Sports
September 15, 2026

DraftKings CEO Fires Back at Headline Calling Company ‘Struggling’

“We’re doing great,” Jason Robins said in response to the article.
Sam Porter
September 15, 2026

Private Equity Giant Apollo Taking ‘Hard Look’ at NFL Investment

Apollo isn’t on the NFL’s approved PE list—yet.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
Exclusive
September 15, 2026

Novig CEO Says Sydney Sweeney Drove Visuals of Nude Ad

“We never intended to portray female sports,” Jacob Fortinsky told FOS.
Mar 28, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team's win over the Phoenix Suns at Target Center
August 21, 2026

Why Flood of NBA Team Sales Isn’t Slowing

Often it’s less about love of team, more about love of returns.
May 24, 2026; Las Vegas, NV, USA; Yoni Andica (COL) during the weightlifting competition at the Enhanced Games at Resorts World Las Vegas. Mandatory Credit:
August 18, 2026

Enhanced Games Parent Company Posts $62M Loss After Debut Event

Enhanced Groups is now focusing on supplements and smaller events.
Tennis - French Open - Roland Garros, Paris, France - May 28, 2026 France's Moise Kouame reacts during his second round match against Paraguay's Adolfo Daniel Vallejo REUTERS/Guglielmo Mangiapane
May 29, 2026

Lawyers Explain Odd Case of Moïse Kouamé’s French Open Prize Money

Kouamé has secured nearly $220,000 by advancing to Round 3 in Paris.