The NFL’s other team owners unanimously approve the sale of the Seattle Seahawks to an ownership group led by venture capitalist Vinod Khosla. The deal is valued at $9.6 billion, which outlets describe as an NFL record for a franchise sale and among the highest sports valuations in North America.
The sale involves the Khosla family purchasing the reigning Super Bowl champion Seahawks from the estate of Microsoft co-founder Paul Allen. Several reports note the formal approval on Aug. 26 clears the final league step, with financial and legal processes remaining to complete the transaction and officially finalize ownership.
Outlets also differ in emphasis: some focus on the size of the record price, while others provide background on the Khosla family and what happens next in the approval timeline. One outlet adds detail about the Khosla family’s first press conference after being named the new owners, alongside the transition from Allen’s estate to the Khosla-led group.
