The Estate of Paul G. Allen has made the decision to sell the franchise, and now we know who the new owners will be.
The sale of the Super Bowl-winning Seattle Seahawks has finally been completed.
In a statement released by the team, the estate of Paul G. Allen has chosen an ownership group led by the Khosla family, which includes Vinod Khosla, to be the new owners of the franchise.
This comes as a couple of days ago, the list of candidates to be the new owners was down to just two parties, with other candidates told they would not be going any further in the process.
Well, now we know why, as the estate of Paul G. Allen clearly had eyes for the Khosla family, and now the sale has been agreed upon, but it has to go through NFL approval before it can be made official.
NFL Network's Ian Rapoport posted on X about a $9.6 billion deal, which is now the new benchmark for a franchise sale in the NFL.
In a statement on the Seahawks' official website, Vinod expresses delight over the news that the Khosla family will now become the controlling owner of the Super Bowl champs.
"We are honored to be entrusted as the next stewards of the Seattle Seahawks. We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere," said Vinod Khosla, on behalf of the Khosla family."
After months and months of talks, things have accelerated quickly over the past couple of weeks, as the list of candidates was down to just two, and then a few days later, we now have a "winner," if you want to call it that, in the Seattle sweepstakes.
Of course, nothing is official yet, as the NFL has to go through everything with a fine-tooth comb to make sure everything is in line, and it has released a memo about the impending transaction.
The Seahawks became the third franchise to be sold in the past handful of years after the Denver Broncos (2022) and the Washington Commanders (2023) changed owners.
The Broncos sold for $4.65 billion, the Commanders $6.05 billion, and now the Seahawks at an eyewatering $9.6 billion.
