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NFL·BREAKING·July 12, 2026 03:54 AM ET

Khosla family agrees to buy Seattle for $9.612B, AP source says

Record $9.612B NFL sale nears completion.

Wire Report IntelligenceUpdated Jul 121 min read
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What happened: Vinod Khosla's family has agreed to purchase Seattle's NFL franchise for $9.612 billion, according to a source cited by the Associated Press. The agreement follows earlier reporting that a Khosla-led group struck the deal, with Neeru Khosla set to serve as the team's controlling owner.

Why it matters: The $9.612 billion price is a record for an NFL franchise, arriving as the same Khosla family must divest Vinod's 49ers limited-partner stake to satisfy league cross-ownership rules. Keeping the franchise in family hands tracks with late owner Paul Allen's stated wishes for local stewardship.

By the numbers: The $9.612 billion price is nearly 50 times what Paul Allen paid to buy the team in 1997.

What to watch: NFL owners still need to formally approve the transaction before the sale is complete.

Sources

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