Vinod Khosla issued a statement on behalf of his family Friday after his ownership group was confirmed as the incoming owners of the Seattle Seahawks, saying they are honored to be "entrusted as the next stewards" of the franchise.
What happened
The statement follows the Khosla-led group's $9.6 billion purchase of the Seahawks from the estate of Paul Allen. Khosla's remarks focused on continuity, invoking Allen's legacy rather than detailing any operational changes to the roster or front office.
Why it matters
The sale sets a record price for an NFL franchise. NFL owners are scheduled to formally ratify the transaction at a special meeting, a procedural step required before the new ownership group can officially take control of the team.
By the numbers
The sale closed at $9.612 billion, topping the Washington Commanders' 2023 sale price by more than 50%, underscoring the surging valuations of major American sports franchises.
What to watch next
NFL owners hold a special meeting Aug. 26 to vote on ratifying the sale. Until that vote, the Khosla-led group's ownership remains pending final league approval.