Business & Finance
NFL owners approve Vinod Khosla's $9.6 billion purchase of Seattle Seahawks
Billionaire venture capitalist Vinod Khosla and his family secured unanimous approval from league owners to buy the defending Super Bowl champions.
The short version
- NFL owners unanimously approved billionaire Vinod Khosla and his family to purchase the Seattle Seahawks.
- The sale price of $9.6 billion represents a record amount for an NFL franchise.
- Khosla stated that he and his family plan to take a long-term approach and remain in a learning phase while relying on existing management.
Key facts
- The 31 other NFL team owners unanimously approved Vinod Khosla and his family to purchase the Seattle Seahawks for a record $9.6 billion.[Fox News]
- Vinod Khosla co-founded Sun Microsystems and founded the venture capital firm Khosla Ventures, accumulating a reported net worth of $13.7 billion.[Fox News]
- Khosla publicly acknowledged his limited background in football management and stated his intent to operate the franchise with a long-term focus while consulting existing leadership.[Fox News]