Sam Darnold #14 of the Seattle Seahawks celebrates with the Vince Lombardi Trophy after winning Super Bowl LX against the New England Patriots at Levi’s Stadium on February 08, 2026 in Santa Clara, California.
Ronald Martinez | Getty Images Sport | Getty Images
The Seattle Seahawks are being sold to the Khosla family, including Vinod Khosla, in accordance with the wishes of late team owner Paul Allen, the team announced on Saturday.
The Khosla family entered into a formal agreement to purchase the defending Super Bowl champions for $9.612 billion, according to a person familiar with the deal. The person spoke to The Associated Press on condition of anonymity because the deal is still subject to NFL approval.
The Khosla family will become the team’s controlling owner, according to a Seahawks social media post.
“We are honored to be entrusted as the next stewards of the Seattle Seahawks,” Vinod Khosla said in a statement. “We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.”
Allen’s estate announced on Feb. 18 that it had begun the process of selling the team, which is coming off its second Super Bowl victory in franchise history. Investment bank Allen & Co. and law firm Latham & Watkins led the sales process, which was expected to continue through the February offseason.
Vinod Khosla is the founder of Khosla Ventures, a Silicon Valley venture capital firm.
His current net worth is $13.7 billion, Forbes reported this month.
The company invests in experimental technologies such as biomedicine and robotics, and was the first venture firm to invest in OpenAI, per Forbes.
The Khosla family will be required to relinquish its ownership stake in the San Francisco 49ers as part of the deal. Khosla joined the 49ers ownership group as a minority owner in 2025, purchasing 3.1% of the team.
NFL owners still have to ratify a final purchase agreement and they are expected to meet in August to approve the deal, ESPN reported.
The Seahawks have been part of the Allen family since 1997, when Paul Allen bought the team from then-owner Ken Behring for $194 million. Allen was instrumental in keeping the Seahawks in Seattle, where the team is expected to remain after the sale is finalized.
The Seahawks have a lease at Lumen Field that runs through 2032 with three 10-year options.
Since Allen, cofounder of Microsoft, died in 2018 from complications of non-Hodgkin lymphoma at 65, the Seahawks and the NBA’s Portland Trail Blazers have been owned by his sister, Jody.
The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon. The Trail Blazers will remain in Portland as part of the deal, which is awaiting final approval from the NBA Board of Governors.
The last NFL team to be sold was the Washington Commanders in 2023. A group led by Josh Harris, which includes Magic Johnson, bought the team from longtime owner Dan Snyder and his family for a record $6.05 billion.
The Seahawks beat the New England Patriots 29-13 in the Super Bowl in February.
