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Khosla family agrees to purchase defending Super Bowl champion Seattle for $9.612B, AP source says
The deal would set a record NFL franchise price and still needs league approval before the transfer can be completed.
On Saturday, the Seattle Seahawks announced that an ownership group led by billionaire Vinod Khosla has agreed to purchase the NFL franchise for $9.6 billion.
Jody Allen, executor of the trust managing the team since Paul Allen's 2018 death, put the franchise up for sale to fulfill her late brother's directive to benefit charity.
This $9.6 billion valuation shatters the previous NFL record of $6.05 billion set by the Washington Commanders in 2023, marking the highest price ever paid for an NFL team.
NFL owners are expected to vote on the transaction on August 26, while the Khosla family, including Neeru and Neal Khosla, must divest their 3.1% stake in the San Francisco 49ers.
Coach Mike Macdonald and general manager John Schneider remain under contract through 2029 and 2031, providing stability as the new ownership group takes over the Super Bowl champions.