NFL owners on Wednesday unanimously approved the sale of the Seattle Seahawks to the Khosla family, including Vinod Khosla.
NFL Commissioner Roger Goodell congratulated the Khosla family for having “great timing” in purchasing the team that is coming off its second Super Bowl victory in franchise history.
“It’s not very often you can buy a Super Bowl championship team, but you’ve done that,” Goodell said. “Many of our members struggle to find ways to get in the Super Bowl and win a trophy and you’ll be walking into your new building shortly with a fresh, shiny trophy there for you.”
Vinod Khosla and his family purchased the Seahawks for over $9 billion, an NFL record. (Photo by Kimberly White/Getty Images for TechCrunch)
The sales agreement for $9.612 billion was announced on July 11 and awaited Wednesday’s approval at a special owners meeting in Atlanta to become final. The sale was in accordance with the wishes of late team owner Paul Allen, and represents a new record price for an NFL team.
The previous record was held by the Washington Commanders and current owner Josh Harris, whose group purchased the team from Dan Snyder for $6.05 billion in 2023 in what was both an NFL and North American sports league record, since passed by Mark Walter’s $10 billion purchase – and ongoing $12.5 billion sale – of the NBA’s Los Angeles Lakers.
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Vinod Khosla is the founder of Khosla Ventures, a Silicon Valley venture capital firm, as well as Sun Microsystems. His current net worth is $13.7 billion, according to Forbes. As the Khosla family currently owns a minority stake in the San Francisco 49ers, they will have to sell it given they now have the majority stake in the Seahawks.
The Associated Press contributed to this report.
