What happened: The Khosla family takes control of the Seattle Seahawks from the estate of late owner Paul Allen. The purchase agreement was announced July 11 and cleared Wednesday in Atlanta.
Why it matters: The transaction surpasses the NFL's previous franchise-sale record of $6.05 billion. It installs new ownership ahead of the 2026 season.
By the numbers: The reported $9.612 billion price exceeds the previous NFL record by $3.562 billion, an increase of about 58.9%.
What to watch: Attention shifts to the Khosla family's first decisions under the new ownership structure.