NFL owners approve sale of Super Bowl champions Seattle Seahawks

[p]The estate of Microsoft co-founder Paul Allen last month entered into a formal sale agreement with a group led by the Khosla family, notably 71-year-old Sun Microsystems co-founder Vinod Khosla.[/p][p]With the vote, the Khosla family are cleared to become the wildly popular American football league's latest controlling owners.[/p][p]They must relinquish their previously held minority stake in the rival [a href="https://www.flashscore.ca/team/san-francisco-49ers/jBnfYoFr/"]San Francisco 49ers[/a], after which the transaction will officially be complete.[/p][p]"[b]We are honored to be entrusted as the next stewards of the [a href="https://www.flashscore.ca/team/seattle-seahawks/f5h1oOee/"]Seattle Seahawks[/a],[/b]" Khosla said in a statement.[/p][p]"[b]We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.[/b]"[/p][embed guid="797e9546-18f8-4ee7-a50c-625c8dc06531" url="https://x.com/AdamSchefter/status/2092690446178738353?s=20" social-type="twitter" /][p]Terms of the transaction have not been officially disclosed, but the sale price is widely reported at $9.612 billion, which would be a record purchase amount for an NFL club.[/p][p]The most recent NFL sale was for the [a href="https://www.flashscore.ca/team/washington-commanders/pYobX5Ul/"]Washington Commanders[/a] in 2023 for $6.05 billion.[/p][p]The estate of Allen, who died in 2018, had directed trust executor Jody Allen, Paul's sister, to donate all proceeds from the sale of the Seahawks to charity.[/p][p]"[b]How often do you get to buy a franchise that just won the Super Bowl? So, we are incredibly lucky and humbled by this gift, I would say, from the Allen Trust[/b]," said Khosla.[/p][p]Khosla, who has lived in the same San Francisco Bay Area home since 1986, added: "We're huge fans of football, and these opportunities, especially Super Bowl-winning teams, seldom come along, so we were very excited to have the opportunity.[/p][p]"[b]And I've been tied to the Seattle tech community for a long time, so it was pretty easy to make the jump.[/b]"[/p]