Vinod Khosla group to buy Seattle Seahawks for record $9.6B

A group led by billionaire venture capitalist Vinod Khosla has reached an agreement to purchase the Seattle Seahawks for $9.6 billion, a record price for an NFL franchise. The team, which won the Super Bowl earlier this year, confirmed the sale on July 11, 2026, marking the end of an ownership era that began with the late Microsoft co-founder Paul Allen.

The transaction, which requires approval from the NFL’s other owners, would see Khosla acquire the team from the trust established after Allen’s death in 2018. Allen’s will mandated the sale of his sports holdings, including the Seahawks and the NBA’s Portland Trail Blazers, with proceeds directed to charitable causes. His sister, Jody Allen, has served as the executor overseeing the team’s operations and the sale process.

Khosla, 71, is a co-founder of Sun Microsystems and the founder of Khosla Ventures. He recently became a minority investor in the San Francisco 49ers, a stake he will be required to divest to comply with NFL rules prohibiting controlling ownership in multiple teams. His investment group reportedly prevailed in a competitive auction over other bidders, including a consortium led by billionaire Aditya Mittal.