NFL Approves Record $9.6 Billion Sale of Seahawks to Khosla Group

The Seattle Seahawks have been sold to a group led by billionaire Vinod Khosla for a record $9.612 billion, a deal unanimously approved by NFL owners on Wednesday, August 26, 2026. The sale, which sets a new benchmark for an NFL franchise, was finalized at a special owners meeting in Atlanta and marks the end of the Allen family's ownership of the Super Bowl champions.

The transaction was approved by all 32 NFL owners, surpassing the required threshold of 24 votes. The sale price is the highest ever paid for an NFL team, eclipsing the $6.05 billion paid for the Washington Commanders in 2023. It is also the second-highest valuation in North American sports history, behind only the recent sales of the Los Angeles Lakers, which were valued at $10 billion in 2025 and more recently at $12.5 billion.

The agreement to sell the team was reached on July 11, following a formal sale process that began in February. The estate of Paul G. Allen, the late Microsoft co-founder who purchased the Seahawks in 1997 for $194 million, initiated the sale in accordance with his will, which stipulated that the team be sold and the proceeds distributed to various charities. Jody Allen, Paul Allen's...