The Seattle Seahawks are on their way to a new ownership group, with the franchise announcing Saturday that a sale agreement has been reached.
The incoming ownership is headed by the Khosla family, with venture capitalist and Sun Microsystems co-founder Vinod Khosla at the helm. Khosla previously held a minority ownership stake in the San Francisco 49ers.
The team has been under the control of the Paul Allen estate since the NFL franchise owner passed away in 2018. Allen’s will directed that the Seahawks be sold and that the proceeds be distributed to various charitable causes.
Vinod Khosla expressed enthusiasm about the acquisition in a written statement: “We are honored to be entrusted as the next stewards of the Seattle Seahawks. We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.”
While the financial terms of the agreement were not officially released, the Tacoma News Tribune reported the sale price at $9.61 billion — a figure that would shatter the previous NFL record. That amount would also rank as the second-largest sports franchise transaction in North American history, trailing only the $10 billion sale of the Los Angeles Lakers in 2025.
The deal is not yet finalized. It must go before NFL owners for a vote, a process expected to take place over the coming months.
