Seahawks Sold for Unprecedented $9.6 Billion to Khosla Family
WHO:
Daily Mail - The Seattle Seahawks are being sold to the Khosla family, with Neeru Khosla as the controlling owner.
Pro Football Network - The Estate of Paul G. Allen is the seller of the Seattle Seahawks.
WHAT:
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion, according to a person familiar with the deal.
CBS News - The Khosla family will be required to relinquish its ownership stake in the San Francisco 49ers as part of the deal.
CBS News - The Seahawks have been in the Allen family since 1997, when Paul Allen bought the team for $194 million from then-owner Ken Behring.
CBS News - The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon.
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion, according to a person familiar with the deal.
CBS News - The Khosla family will become the team's controlling owner, according to a Seahawks social media post.
CBS News - Vinod Khosla stated, "We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere."
CBS News - The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon.
CBS News - The last NFL team to be sold was the Washington Commanders in 2023 for a record $6.05 billion.
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion, according to a person familiar with the deal.
CBS News - The Seahawks beat the New England Patriots 29-13 in the Super Bowl in February.
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion, according to a person familiar with the deal.
CBS News - Vinod Khosla expressed excitement about the sale, saying, "Excited to be part of this great franchise. Also excited to see the money all go to a non-profit. No other comments till sale is final."
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion, according to a person familiar with the deal.
CBS News - Vinod Khosla stated, "We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere."
CBS News - The Seahawks have a lease at Lumen Field that runs through 2032 with three 10-year options.
CBS News - The Khosla family entered into a formal agreement to purchase the Seattle Seahawks for $9.612 billion.
CBS News - Vinod Khosla stated, "We are honored to be entrusted as the next stewards of the Seattle Seahawks."
CBS News - Vinod Khosla expressed excitement about the sale, saying, "Excited to be part of this great franchise. Also excited to see the money all go to a non-profit."
Daily Mail - The Seattle Seahawks are sold for a record price of $9.6 billion.
Heavy NFL - The sale of the Seahawks marks a record-setting price in the NFL.
WHERE:
Heavy NFL - The Seattle Seahawks are based in Seattle, Washington.
WHEN:
CBS News - NFL owners are expected to meet in August to approve the deal.
CBS News - NFL owners are expected to meet in August to approve the deal.
CBS News - NFL owners are expected to meet in August to approve the deal.
CBS News - NFL owners are expected to meet in August to approve the deal.
CBS News - NFL owners are expected to meet in August to approve the deal.
Pro Football Network - The announcement of the sale occurred on a Saturday.
WHY:
CBS News - The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon.
CBS News - The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon.
CBS News - The estate agreed in September to sell the Trail Blazers to an investment group led by Carolina Hurricanes owner Tom Dundon.
NY Post - The sale comes just five months after the Seahawks won the Super Bowl.
HOW:
CBS News - The last NFL team to be sold was the Washington Commanders in 2023 for a record $6.05 billion.
CBS News - Investment bank Allen & Company LLC and law firm Latham & Watkins led the sales process, which was estimated in February to continue through the offseason.
CBS News - The Khosla family will be required to relinquish its ownership stake in the San Francisco 49ers as part of the deal.
Heavy NFL - The buyer, Vinod Khosla, is a minority owner of the San Francisco 49ers.
The Khosla family has entered into a formal agreement to purchase the Seattle Seahawks for a staggering $9.612 billion, according to sources familiar with the deal. As part of this transaction, the Khosla family will have to give up its ownership stake in the San Francisco 49ers, and NFL owners are expected to meet in August to approve the deal. The Seahawks have been owned by the Allen family since 1997, when Paul Allen acquired the team for just $194 million.