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Khosla family closes record $9.6 billion purchase of Super Bowl champion Seahawks

Lumen Field, north side at dusk
Lumen Field, north side at dusk

SounderBruce / Wikimedia Commons, CC BY-SA 4.0 · source

Vinod, Neeru, and Neal Khosla took control of the defending Super Bowl champions on Thursday at an NFL-record $9.612 billion, eight days after owners unanimously approved the sale from Paul Allen’s estate.

The Khosla family closed its NFL-record $9.612 billion purchase of the Seattle Seahawks on Thursday, becoming the franchise’s first new controlling owners since Paul Allen bought the team in 1997. Neeru Khosla is controlling owner and president of the Seahawks Charitable Foundation, Vinod Khosla is chair, and their son Neal is vice chair. NFL owners had approved the deal unanimously on Aug. 26. The family will be introduced Sept. 9 at Lumen Field before a Super Bowl LX rematch with New England. A dozen co-owners were named, including Sixth Street and Carlyle and Dynasty Equity at a reported 3% each.

Shared facts

The sale of the Seattle Seahawks to the Khosla family officially closed on Thursday.

The sale price is $9.612 billion, an NFL record for a franchise.

The Seahawks are the reigning Super Bowl champions.

NFL owners unanimously approved the sale on Aug. 26.

Vinod Khosla, Neeru Khosla, and their son Neal Khosla are now the controlling owners.

The Seahawks have new ownership for the first time since 1997.

Vinod Khosla will serve as team chair.

Neeru Khosla is the controlling owner and president of the Seahawks Charitable Foundation.

Neal Khosla will serve as vice chair.

Vinod Khosla is a co-founder of Sun Microsystems.

Vinod Khosla is the founder of venture capital firm Khosla Ventures.

Vinod Khosla is 71.

The Seahawks will introduce the Khosla family at a news conference at 11 a.m. Wednesday, Sept. 9, at Lumen Field.

The Seahawks open the season against the New England Patriots in a rematch of Super Bowl LX.

The Khosla family said it is honored and excited to begin this next chapter.

The family said the Seahawks are known for championship culture, winning football, and a deep connection to the 12s and the Pacific Northwest.

The family said it looks forward to engaging with the Seattle community and building on the franchise's legacy and traditions.

The family thanked investors joining the ownership group and everyone who supported the sale process.

Co-owners include Mark Stevens, the Aramburuzabala family, Val Blavatnik, Sheryl Sokoloff, Gonzalo Hevia Baillères, Jesse van der Werf, Samir Kaul, Sunny Gupta, Nader Naini, Penny Pritzker, Carlyle and Dynasty Equity, and Sixth Street.

The family announced a dozen co-owners.

Andalusian Sports Advisors served as advisor to the Khosla family and the new ownership group.

Sullivan & Cromwell LLP served as legal counsel.

Announced co-owners do not include Wyc Grousbeck or Aditya Mittal, leaders of a rival bidding group.

NFL rules require the majority owner to hold at least a 30% stake.

NFL rules limit the total number of partners to 25.

The controlling owner may take on no more than $1.2 billion in debt to finance the purchase.

According to Sportico, Sixth Street will hold a 3% share of the Seahawks.

According to Sportico, Carlyle and Dynasty Equity will hold a 3% share of the Seahawks.

Paul Allen died in October 2018.

Jody Allen assumed the role of chair after Paul Allen's death.

Neal Khosla posted that he is insanely lucky and excited to be part of the organization.

Nader Naini is a managing partner at Seattle-based Frazier Healthcare Partners.

Sunny Gupta is the founder and CEO of Bellevue-based software company Apptio.

Penny Pritzker was U.S. secretary of commerce from 2013 to 2017.

The Aramburuzabala family co-founded Grupo Modelo.

Samir Kaul is a founding partner and managing director of Khosla Ventures, founded in 2004 in Menlo Park, California.

Gonzalo Hevia Baillères is CEO and founder of New York private equity firm HBeyond.

Paul Allen bought the team from Ken Behring in 1997 for $194 million.

The Khosla family posed with NFL commissioner Roger Goodell for a portrait at an owners meeting on Aug. 26, 2026.

ESPN

Khosla family closes on record purchase of Seahawks

Brady Henderson

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

Vinod Khosla said he would love to have Jody Allen raise the ceremonial 12 Flag before the game.

Paul Allen was the Microsoft co-founder who saved professional football in Seattle.

Opinion

No opinion marked.

NFL.com

Khosla family closes purchase of reigning Super Bowl champion Seahawks for $9.6 billion

Associated Press

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

The Seahawks announced the final step eight days after NFL owners approved the sale.

The sale happened in accordance with the wishes of late team owner Paul Allen, whose estate began selling the team in February.

The Khosla family was required to relinquish its ownership stake in the San Francisco 49ers as part of the deal.

Forbes puts Vinod Khosla's current net worth at $13.7 billion.

Forbes says Khosla Ventures invests in experimental technologies such as biomedicine and robotics and was the first venture firm to invest in OpenAI.

Opinion

No opinion marked.

NBC News

Seahawks announce their sale to the Khosla family is complete

Mike Florio

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

The Seahawks won two Super Bowl titles during Allen-family ownership, including Super Bowl LX in February.

Opinion

No opinion marked.

KOMO News

Vinod Khosla named chair as family takes control of Seahawks in franchise sale

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

No unique facts.

Opinion

No opinion marked.

FOX 13 Seattle

Seattle Seahawks sale to Vinod Khosla family officially closes

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

The Seahawks put out a video thanking the Allen family for their stewardship on Wednesday.

Front Office Sports reported that Aditya Mittal and Wyc Grousbeck had been in conversations to join as minority partners.

The Khoslas needed at least $1.68 billion available to meet the minimum 30 percent ownership threshold.

Opinion

No opinion marked.

The Straits Times

Seahawks sale is complete; 12 co-owners joining the Khosla family announced

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

The Khosla family is the fourth controlling owner in franchise history since Seattle was granted an expansion team in 1974.

Kickoff against New England is at 5:20 p.m.

Vinod and Neeru are husband and wife and Neal is their son.

The co-owners include two private equity firms in Sixth Street and Carlyle and Dynasty.

NFL rules cap private equity at no more than 10% of the ownership group.

Vinod Khosla posted a 1976 Seahawks emblem with the caption “A legacy to preserve…”

Vinod Khosla posted pictures of a new puppy named Hawk, whose full name Neal said is C. Hawk Khosla.

Vinod Khosla tweeted that he was “Super excited!” about the announcement.

Sixth Street was part of the investor group that bought the Boston Celtics in 2025 from Grousbeck.

Sixth Street said it is proud to support the Khosla family's stewardship of the Seahawks.

The Carlyle Group bought a stake in the Seattle Reign in 2024.

Carlyle teamed with Dynasty to pursue NFL ownership and hired Hall of Fame running back Curtis Martin as a strategic adviser.

The Allen estate reached an agreement with the Khosla group on July 11.

Sixth Street has a reported stake in the New England Patriots.

Mark Stevens is a co-owner of the Golden State Warriors with a net worth estimated at $10.5 billion.

The sale process began Feb. 18, when the Seahawks announced the team was officially on the market.

Carlyle partner Ben Fund called the Seahawks a special franchise with a deeply engaged fanbase and strong Pacific Northwest roots.

Putting the team up for sale followed Paul Allen's will that the estate eventually sell his sports holdings and direct proceeds to philanthropy.

The Khosla family bought a 3.1% share of the 49ers in May 2025.

Mark Stevens was an early investor in Google and PayPal.

NFL approval and closing took roughly two months.

The Khosla family has reportedly not yet sold its 49ers stake but will eventually.

Val Blavatnik is on the Warner Music Group board and is the son of Len Blavatnik, whose company owns most of WMG.

Allen bought the team after Behring attempted to move it to Southern California.

Behring purchased the team in 1988 for $80 million from a Nordstrom-led original ownership group.

The original group paid $16 million to join as an expansion franchise in 1974.

The Seahawks played their first game in 1976.

Opinion

No opinion marked.

The News Tribune

Seahawks’ record sale to Khoslas officially closes. Meet the 12 minority owners

Gregg Bell

Published 3 Sep 2026 accessed 21 Sep 2026

Facts

The third sale of the Seahawks in the franchise's 50-year NFL history is official.

This is the first time a defending Super Bowl champion has been sold within months of winning it all.

The introduction is more than six hours before the Seahawks host New England in the NFL kickoff game.

Neeru Khosla is Vinod Khosla's 71-year-old wife and high-school sweetheart from India.

Neeru Khosla co-founded the CK-12 Foundation in 2006.

Neeru Khosla is a Stanford graduate like her husband and their son.

Neeru Khosla earned two degrees in molecular biology, from Delhi University and a master's from San Jose State.

Neeru Khosla paused her career to support her children growing up.

Neal Khosla is co-founder and CEO of Curai Health, a virtual primary-care company that uses artificial intelligence.

CK-12's objective is to reduce textbook costs and increase access to low-cost K-12 education worldwide.

The CK-12 website uses AI to offer free online textbooks from kindergarten through adult education, including ESL.

Neal Khosla is in his late 30s.

Mark Stevens is a former Sequoia Capital managing partner.

Val Blavatnik is an investor in global media and technology.

Sheryl Sokoloff is the wife of the managing partner of Leonard Green & Partners.

Jesse van der Werf is president and CEO of Heavy Metal Equipment & Rentals.

Opinion

No opinion marked.