Overview
- The Estate of Paul G. Allen notified teams on Saturday that it has reached a formal agreement to sell the Seattle Seahawks to a group led by Vinod Khosla and his family for a reported $9.612 billion.
- The reported price would set a new NFL record and far exceed the previous $6.05 billion Commanders sale, marking a major jump in franchise valuations.
- A memo to NFL teams names Neeru Khosla as the club’s controlling owner and says Neal Khosla will play a significant leadership role in the ownership group.
- The transaction must pass customary due diligence by the NFL Finance Committee and then be ratified by at least 24 of 32 owners, and the Khosla family must divest its minority San Francisco 49ers stake before the deal can close.
- Allen’s estate says proceeds will be donated under Paul Allen’s will, the club’s existing stadium lease and key front‑office contracts remain in place, and the sale could reshape pricing and ownership rules across pro sports.