NFL Owners Approve Sale of Seattle Seahawks to Khosla Family
AI-generated image · Bay Street Wire
Vinod Khosla, founder of Khosla Ventures, takes over the Super Bowl-winning franchise in a $9.612 billion deal.
NFL owners have unanimously approved the sale of the Seattle Seahawks to Vinod Khosla and his family, according to reporting from Sportsnet. The transaction, which follows the wishes of the late former owner Paul Allen, was finalized during a special owners meeting held Wednesday in Atlanta.
The sales agreement, first announced on July 11, values the franchise at $9.612 billion. NFL Commissioner Roger Goodell noted the timing of the acquisition is ideal, as the Seahawks are coming off the second Super Bowl victory in the history of the franchise. Goodell remarked that it is rare to purchase a team that is already a championship winner.
Vinod Khosla enters the league as the founder of the Silicon Valley-based venture capital firm Khosla Ventures. According to data provided by Forbes, Khosla's current net worth is estimated at $13.7 billion.