BUSINESS

Seattle Seahawks sold to Khosla family group

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SEATTLE — The Seattle Seahawks have reached an agreement to be sold by the estate of late owner Paul Allen to an ownership group led by India-born billionaire Vinod Khosla for $9.612 billion, according to an announcement made Saturday. The price, reported by ESPN citing unnamed sources, sets a new record for an NFL franchise sale, surpassing the Washington Commanders’ $6.05 billion deal in 2023. An internal NFL memo indicates Neeru Khosla will become the team’s controlling owner, with son Neal Khosla in a major leadership role. Completion of the transaction still requires resolving the Khosla family’s existing 3.1% stake in the San Francisco 49ers, which league rules prohibit.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

1982 Vinod Khosla co-founds Sun Microsystems
2023 Washington Commanders sold for $6.05 billion
2025 Khosla family buys 49ers minority stake
Saturday Seahawks announce agreement to sell franchise
Saturday ESPN reports $9.612 billion sale valuation
Saturday Internal memo names Neeru Khosla controlling owner
Saturday Neal Khosla expected significant leadership position
Next NFL must address prohibited cross-ownership rules

News Intelligence

This record-breaking sale could shake up the NFL. It may affect player trades, ticket prices, and even merchandise. If you're a Seahawks fan, keep an eye on any changes. If you're a 49ers fan, watch how the Khosla family's stake gets resolved.