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The estate of Paul G. Allen completed the sale of the Seattle Seahawks on July 11, 2026. The $9.612 billion price sets a new NFL franchise record. Neeru Khosla will serve as controlling owner.
abcnews.go.comThe estate of Paul G. Allen sold the Seattle Seahawks for $9.612 billion on July 11, 2026, to a group led by venture capitalist Vinod Khosla. The transaction sets a new record for an NFL franchise sale.
Neeru Khosla, Vinod Khosla's wife, will serve as the team's controlling owner. Their son, Neal Khosla, will hold a significant role in the ownership group, according to a memo sent to NFL teams. Vinod Khosla, 71, stated that the group is honored to become the next stewards of the Seahawks and intends to build on the winning legacy established by Paul Allen.
In a separate post on X, Khosla wrote that he is excited to join the franchise and to see the proceeds directed to a non-profit. Paul G. Allen purchased the Seahawks in 1997 for $194 million. He died at age 65, after which ownership passed to his estate.
The team was placed on the market less than a month after winning Super Bowl 60. Vinod Khosla acquired a 3.1 percent stake in the San Francisco 49ers in 2025 at a valuation exceeding $8.5 billion. The NFL owners are scheduled to vote on the Seahawks transaction on August 26.
The previous NFL record sale occurred in 2023 when Josh Harris's group bought the Washington Commanders. The Los Angeles Lakers sold for $10 billion in 2025, the highest price for any major North American sports team.
These outlets didn't split into competing frames — coverage was uniform.
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A venture capitalist-led group reached an agreement to acquire the NFL franchise. The deal, announced July 11, requires divestment from the San Francisco 49ers and league approval.