​The Estate of Paul G. Allen has announced that it has entered into a formal sale agreement for the Seattle Seahawks. The agreement, according to the Allen estate, is with an ownership group led by the Khosla family, the new owners poised to take control of the NFL franchise. As part of the deal, the Khosla family will become the Seahawks’ controlling owners, bringing Vinod Khosla into a primary leadership role while also noting his existing status as a limited partner with the San Francisco 49ers. Because of his 49ers stake, Khosla will be required to divest those shares.
“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, speaking on behalf of the Khosla family. The terms of the transaction have not been disclosed publicly, but ESPN senior NFL insider Adam Schefter reported that the purchase price is approximately $9.6 billion.
The deal is still subject to NFL approval, with a decision anticipated in the coming months. The Seahawks were put up for sale in February, following the Seahawks’ Super Bowl victory, as directed by Allen’s estate to sell all of his sports holdings and allocate the proceeds to charity. This remains a developing story, and more details are expected to emerge as the process progresses.
Local affiliate KIRO 7 is actively pursuing additional information and will provide updates as they become available. The sale represents a significant moment for Seattle sports, the NFL, and the wider philanthropic efforts tied to Paul Allen’s legacy, signaling a major transition in the ownership of one of football’s storied franchises.