Overview
- The Paul G. Allen Estate said Saturday it reached a formal agreement to sell the Seattle Seahawks to a group led by Vinod Khosla and his family for a reported $9.612 billion.
- The transaction is not final and must clear NFL due diligence, a Finance Committee review and a vote of team owners expected at a late‑August meeting.
- A memo to NFL teams, reported by multiple outlets, names Neeru Khosla as the controlling owner and says Neal Khosla will hold a prominent leadership role in the group.
- NFL rules require the Khosla family to divest its minority stake in the San Francisco 49ers before approval, and the deal must meet league limits on debt and ownership structure.
- If approved the price would top the $6.05 billion Commanders sale and underline a sharp rise in franchise values while the Allen estate prepares to route proceeds to charity as Paul Allen directed.