Seahawks to Be Sold to Group Led by Vinod, Neal Khosla for Record $9.6 Billion

Just a few weeks away from the start of training camp, the Seattle Seahawks will soon have a new ownership group calling the shots after a record-setting investment to purchase the franchise.

As confirmed by the Estate of Paul G. Allen, a sale agreement has been reached with an ownership group fronted by the Khosla family, including entrepreneur Vinod Khosla, making them the controlling owners of the franchise once the purchase has been finalized. While the Seahawks did not reveal any specifics on the finances behind the deal, ESPN’s Adam Schefter and Seth Wickersham reported the Seahawks will be sold for a record $9.6 billion, the most for any sports franchise.

"We are honored to be entrusted as the next stewards of the Seattle Seahawks,” Vinod Khosla said on behalf of the Khosla family in a released statement from the 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.”