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Defending Super Bowl champions Seattle Seahawks sold to billionaire Kholsa's group

AF

AFP

Published 1 hour ago

An ownership group led by India-born billionaire Vinod Khosla has purchased the reigning Super Bowl champion Seattle Seahawks, the NFL team announced on Saturday.

[p]The Estate of Paul G. Allen revealed it entered into a formal sale agreement with a group led by the Khosla family, notably 71-year-old Sun Microsystems co-founder Vinod Khosla, a partner in the [a href="https://www.flashscore.ca/team/san-francisco-49ers/jBnfYoFr/"]San Francisco 49ers[/a]' ownership group.[/p][p]The Khosla family will become the team's controlling owner, according to a [a href="https://www.flashscore.ca/team/seattle-seahawks/f5h1oOee/"]Seahawks[/a] statement.[/p][p]"[b]We are honored to be entrusted as the next stewards of the Seattle Seahawks,[/b]" Vinod Khosla said in a statement. "[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="b9e76d40-6f8b-40e1-a2f6-3fc5363ab156" url="https://x.com/Seahawks/status/2076075321674317863?s=20" social-type="twitter" /][p]NFL owners must approve the transaction for the deal to be complete.[/p][p]The estate of Microsoft co-founder Allen, who died in 2018, has directed trust executor Jody Allen, Paul's sister, to donate all proceeds from the sale of the Seahawks to charity.[/p][p]"[b]Excited to be part of this great franchise,[/b]" Vinod Khosla posted on social media. "[b]Also excited to see the money all go to a non-profit. No other comments till sale is final.[/b]"[/p][p]Terms of the transaction were not disclosed but ESPN reported, citing unnamed sources, the sale price was $9.612 billion, a record purchase amount for an NFL club.[/p][p]The most recent NFL sale was for the Washington Commanders in 2023 for $6.05 billion.[/p][p]The Khosla family must give up all stake in the rival 49ers before the deal can be completed.[/p][p]That move was expected to come in time for a league meeting next month, ESPN reported.[/p]

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