Khosla Family Agrees to Purchase Seattle Seahawks for NFL-Record $9.612 Billion

The agreement, announced Thursday, values the franchise at $9.612 billion, surpassing the previous record of $6.05 billion paid for the Denver Broncos in 2022. The sale price includes the team's stadium lease and related assets, according to a person familiar with the terms.

Vinod Khosla, a billionaire venture capitalist and co-founder of Sun Microsystems, leads the purchasing group. The Khosla family will assume control of the team once the NFL's finance committee and ownership approve the deal, a process that could take several months.

The Seahawks have been operated by the Paul G. Allen Trust since Allen's death in 2018. Proceeds from the sale will go to Allen's estate and philanthropic endeavors, including the Paul G. Allen Family Foundation, which supports science, technology, and conservation initiatives.

The team, founded in 1976, has won one Super Bowl (XLVIII) and plays home games at Lumen Field in Seattle. The sale is subject to standard NFL vetting, including background checks and financial review, before owners vote on final approval.