Business & Finance
NFL owners unanimously approve Seattle Seahawks sale to Vinod Khosla
The $9.612 billion transaction complies with the wishes of late owner Paul Allen and requires the Khosla family to divest from the San Francisco 49ers.
The short version
- NFL team owners voted unanimously during a special meeting in Atlanta to approve the sale of the Seattle Seahawks to billionaire Vinod Khosla and his family.
- The acquisition, valued at $9.612 billion, fulfills the long-term estate planning wishes of late owner Paul Allen and the Allen Trust.
- To finalize the deal, the Khosla family must relinquish a 3.1% minority ownership stake in the San Francisco 49ers that they acquired in 2025.
Key facts
- NFL owners unanimously approved the $9.612 billion sale of the Seattle Seahawks to Vinod Khosla and his family during a special meeting in Atlanta.[Associated Press]
- The sales agreement was originally announced on July 11 and fulfills the wishes of the late team owner Paul Allen and the Allen Trust.[Associated Press]
- As a condition of the purchase, the Khosla family must sell their 3.1% minority ownership stake in the San Francisco 49ers, which they bought in 2025.[Associated Press]
- The franchise is coming off winning its second Super Bowl title in team history.[Associated Press]