World News

Seattle Seahawks sold to Khosla family in record $9.6 billion deal

NEWNow you can listen to Fox News articles!

Months after capturing their second Super Bowl title, the Seattle Seahawks are ready to begin the 2026 season under a new ownership structure. The team led by Vinod Khosla, his wife Neeru and their son Neal will be the fourth ownership team in the franchise’s 51-year history.

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

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

CLICK HERE FOR MORE GAMES FOXNEWS.COM

A detail view of the Seattle Seahawks helmets before the NFL football game between the Seattle Seahawks and the Atlanta Falcons at Mercedes-Benz Stadium in Atlanta, Georgia, on Dec. 7, 2025. (Perry Knotts/Getty Images)

The Seahawks’ reported $9.6 billion price tag will easily surpass the NFL’s all-time sales record, but it won’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, although 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 deal before becoming the controlling owner of the Seahawks.

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

Super Bowl LX award ceremony in Seattle

A general view of the Super Bowl LX award ceremony at Lumen Field in Seattle, Washington. (Photos by Kirby Lee/Imagn)

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

Apart from the Khosla family, it is not yet clear which other groups are involved in the group of investors.

FOLLOWING SECOND TITLE, JAXON SMITH-NJIGBA EYES CONTINUES SUCCESSFULLY IN SEATTLE

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

Jody Allen has been chairman of the Paul G. Allen Estate since his brother’s death in October 2018. In February, the estate sold the Seahawks, following Allen’s wishes that his assets be sold, with the proceeds going to charity.

Seahawks players hustle during the game

Seattle Seahawks players stand together during an NFL playoff game against the San Francisco 49ers at Lumen Field in Seattle, Washington on Jan. 17, 2026. (Brooke Sutton/Getty Images)

CLICK HERE TO DOWNLOAD THE FOX NEWS PROGRAM

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

Follow Fox News Digital’s sports coverage on Xand register at the Fox News Sports Huddle.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button