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Home»Latest News»Khosla family reaches deal to buy Super Bowl champion Seahawks for NFL-record price: report
Latest News

Khosla family reaches deal to buy Super Bowl champion Seahawks for NFL-record price: report

Jack ReynoldsBy Jack ReynoldsJuly 12, 20263 Mins Read
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Khosla family reaches deal to buy Super Bowl champion Seahawks for NFL-record price: report

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Months after capturing their second Super Bowl title, the Seattle Seahawks are poised to begin the 2026 season under a new ownership structure. A group led by Vinod Khosla, his wife Neeru and their son Neal is set to become the fourth ownership group in the franchise’s 51-year history.

The Khosla family reportedly reached a $9.6 billion agreement with the Paul Allen estate to take controlling interest in the Seahawks, a record price tag for an NFL franchise.

The NFL’s most recent ownership change came in 2023, when a group led by Josh Harris purchased the Washington Commanders for a then-record $6.05 billion.

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The Seahawks’ reported $9.6 billion price tag would easily eclipse the NFL’s all-time sale record, but it still wouldn’t surpass the $10 billion sale of the Los Angeles Lakers last October — the richest deal in North American sports history.

The Seahawks confirmed the pending sale in a statement, though financial terms were not disclosed.

Vinod Khosla, a limited partner with the San Francisco 49ers, will be required to sell his family’s minority stake in the team as part of the agreement before becoming the Seahawks’ controlling owner.

“We are honored to be entrusted as the next stewards of the Seattle Seahawks,” Vinod Khosla said in a statement on behalf of the Khosla family. “We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.”

Super Bowl LX trophy celebration in Seattle

Before the sale can become official, it must be approved by at least 24 of the NFL’s 32 owners. That vote could come as soon as late next month at a league meeting, according to ESPN, though the deal must first be reviewed by the league’s finance committee.

Beyond the Khosla family, it remains unclear what other parties are possibly involved in the investor group.

FOLLOWING SUPER BOWL TITLE, JAXON SMITH-NJIGBA EYES CONTINUED SUCCESS IN SEATTLE

Vinod and Neeru Khosla have been married since 1980. Vinod is listed as the co-founder of Sun Microsystems. He later created Khosla Ventures. Their son, Neal Khosla, is a Stanford graduate and the co-founder and CEO of Curai Health. Neeru Khosla graduated from San Jose State University with a master’s degree in molecular biology and is also an entrepreneur.

Jody Allen has chaired the Paul G. Allen Estate since her brother’s death in October 2018. In February, the estate put the Seahawks up for sale, following Allen’s wishes that his assets eventually be sold, and the proceeds sent to charity.

Seahawks players huddle during a game

Earlier this week, Front Office Sports reported that a group led by Celtics alternate governors Wyc Grousbeck and Aditya Mittal was viewed as one of two finalists in the Seahawks bidding process.

Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.



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