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USA Today·4 min read·medium

Seahawks sold to current NFL owner for record price. Who is Vinod Kohsla? - USA Today

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Chris Bumbaca
Seahawks sold to current NFL owner for record price. Who is Vinod Kohsla? - USA Today
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The Seattle Seahawks have been sold to a group led by venture capitalist Vinod Khosla for a record $9.6 billion. The proceeds from the sale of the estate of Paul Allen will be donated to non-profit organizations.

Why it matters

This represents the largest sale price in NFL history, signaling a massive shift in sports franchise valuations.

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Hear this story The Seattle Seahawks are being sold for a record sale price in the NFL.

The estate of Paul G. Allen, the Microsoft CEO who died in 2018, announced a $9.6 billion sale to a group led by venture capitalist and San Francisco 49ers minority owner Vinod Khosla on Saturday, July 11.

"We are honored to be entrusted as the next stewards of the Seattle Seahawks. We look forward to building on the winning legacy of Paul Allen created and earning the trust of Seahawks organization and fans everywhere," Kohsla, 71, said in a statement.

The Seattle Times reported that a memo sent to NFL teams on Saturday said Neeru Khosla, the wife of Vinod Khosla, will be the controlling owner and his son, Neal Khosla, will also have a significant role.

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