NFL champions Seattle Seahawks sold to Khosla Group for record $9.6 billion
Summary
The Seattle Seahawks NFL team was sold for a record $9.6 billion to the Khosla family group, a sale approved unanimously by NFL owners. The sale follows the wishes of the late owner Paul Allen and sets a new high price for an NFL franchise.Key Facts
- The Seattle Seahawks were sold for $9.6 billion, the highest price ever for an NFL team.
- The sale was approved unanimously by at least 24 of the 32 NFL team owners.
- The new owners are led by the Khosla family, including Vinod, Neeru, and Neal Khosla.
- Paul Allen, the previous owner who passed away in 2018, had directed the team be sold with proceeds supporting charities.
- Vinod Khosla is a venture capitalist and limited partner in the San Francisco 49ers but will give up that stake to buy the Seahawks.
- The Seahawks won the most recent Super Bowl before the sale.
- NFL Commissioner Roger Goodell said the Khosla family’s experience with the 49ers made them attractive owners.
- Paul Allen originally bought the Seahawks in 1997 for $194 million and helped keep them in Seattle.
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