NFL homeowners have authorized the $9.612bn report sale of the reigning Tremendous Bowl champions Seattle Seahawks to a gaggle led by billionaire Vinod Khosla.
The deal, which required the assist of no less than 24 of 32 homeowners, is presently the second highest quantity paid for a franchise in North American sports activities historical past.
The property of Paul G. Allen, which inherited the NFL staff after the demise of the Microsoft co-founder in 2018, agreed to phrases with the Khosla household on 11 July after a seek for a brand new proprietor.
And now authorized, the sale surpasses the $6.05bn the Washington Commanders fetched once they had been bought in 2023, though the NBA’s Los Angeles Lakers had been subsequently bought for $10bn in 2025 and are presently within the course of of adjusting possession once more for a reported $12.5bn.
“We’re honoured to be entrusted as the following stewards of the Seattle Seahawks. How typically do you get to purchase a franchise that simply received the Tremendous Bowl?” stated Khosla.
“We’re extremely fortunate and humbled by this present, I’d say, from the Allen belief.”
“We stay up for constructing on the profitable legacy Paul Allen created and to incomes the belief of the Seahawks organisation and followers in every single place.”
Talking at a press convention on Wednesday, Khosla, who must relinquish a minority stake within the San Francisco 49ers as a part of his settlement to purchase the Seahawks, added: “The duty forward is definitely fairly easy – maintain the profitable streak alive, get one other Tremendous Bowl.
“Our strategy is usually going to be long-term centered, that is our inclination all the time. So, maintain profitable, take a long-term strategy, and study lots. We do not know sufficient, and the opposite homeowners have been extremely welcoming and prepared to show us, so we’ll study lots.
“We’ll study from administration and see what they’re recommending.”
Khosla, 71, was the co-founder of US know-how firm Solar Microsystems and the founding father of the enterprise capital agency Khosla Ventures and has a internet price of $13.2bn, in accordance with Forbes. , exterior
Former proprietor Allen saved the Seahawks from relocating to Southern California when he purchased the staff from Ken Behring in 1997.
His sister, Jody Allen, took management of the Seahawks and the NBA’s Portland Path Blazers as chair of each groups upon her brother’s demise with a directive to ultimately promote each and donate the proceeds to charity.
Within the 29 seasons wherein Paul or Jody Allen had been in cost, the Seahawks made the play-offs 17 occasions and received two of the 4 Tremendous Bowls they contested.