NFL owners approve Khosla family's $9.612 billion Seahawks purchase

Neeru Khosla will serve as controlling owner.

Wire Report IntelligenceUpdated Aug 261 min read

Officially official. Via @RapSheet on X

What happened: The vote at a special league meeting in Atlanta cleared the last required ownership hurdle. The Allen estate agreed to the sale in July after putting the franchise on the market in February.

Why it matters: The change ends the Allen family's stewardship, which began when Paul Allen bought the club in 1997. The valuation sets a record for an NFL franchise sale.

By the numbers: The $9.612 billion valuation is roughly 50 times the $194 million Paul Allen paid in 1997.

What to watch: The transaction is expected to close in September, followed by the new ownership group's formal introduction.

Sources

@RapSheet 2026-08-26T19:03:46.342891+00:00

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