Billionaire Vinod Khosla to Buy Seattle Seahawks for Record $9.6 Billion

A group led by billionaire venture capitalist Vinod Khosla has reached an agreement to acquire the NFL's Seattle Seahawks for $9.6 billion, setting a new record for the sale of a league franchise. The transaction is subject to approval by NFL owners, with a vote anticipated in late August.

A key condition of the deal requires Khosla to sell his ownership stake in the San Francisco 49ers as a prerequisite for closing the Seahawks purchase. The Seattle Seahawks have been owned by the estate of Microsoft co-founder Paul Allen since his death in 2018. Allen’s sister, Jody, has managed the team as trustee, carrying out his wish to eventually sell the franchise and donate the proceeds to charity.

"We look forward to building on the winning legacy Paul Allen created," Khosla stated. Forbes reports Khosla's net worth at $13.8 billion. He joined the 49ers ownership group last year when the franchise was valued at $8.5 billion.

The Seahawks have a history of success, including a Super Bowl victory in 2014 and seven playoff appearances over the past decade. The team has been a consistent performer in the league under coach Pete Carroll.