Story perspectives

NFL Owners Approve Seahawks Sale for $9.612 Billion

8/27/2026

Summary

Khosla Buys Seahawks

Venture capitalist Vinod Khosla and his family bought the Seattle Seahawks for $9.612 billion.
NFL owners unanimously approved the purchase at a meeting in Atlanta on August 26, 2026.
The sale transferred ownership from Paul G. Allen estate, run by sister Jody Allen, to the Khosla group.
The $9.612 billion price set a new NFL record, surpassing the $6.05 billion Washington Commanders sale.
Vinod Khosla must sell his 3.1% stake in the San Francisco 49ers to meet NFL rules.

Summary

NFL Approves Sale

The sale secured at least 24 of 32 owners’ votes, satisfying the NFL’s three-quarters approval rule.
NFL finance and ownership committees gave unanimous clearance last week, removing procedural hurdles before the owners’ meeting.
The league denied a reported $5 million fine, saying it was deferred pending the sale.
The Atlanta owners’ meeting scheduled a tentative vote on new ticket-ing agreements that expire in March.

History

Historical Context

After MLB seized the Dodgers from Frank McCourt in 2011 and approved a Chapter 11 sale, Guggenheim Baseball Management—led by Mark Walter and backed by Magic Johnson—bought the club on March 27 2012 for $2.15 billion, eclipsing Fox’s 1998 $311 million purchase and the 2004 $430 million McCourt deal. The transaction marked a shift toward record-breaking franchise valuations in professional sports.

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Khosla Buys Seahawks

Venture capitalist Vinod Khosla and his family bought the Seattle Seahawks for $9.612 billion.
NFL owners unanimously approved the purchase at a meeting in Atlanta on August 26, 2026.
The sale transferred ownership from Paul G. Allen estate, run by sister Jody Allen, to the Khosla group.
The $9.612 billion price set a new NFL record, surpassing the $6.05 billion Washington Commanders sale.
Vinod Khosla must sell his 3.1% stake in the San Francisco 49ers to meet NFL rules.

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