What happened: A group led by Vinod Khosla has agreed to buy the Seattle Seahawks for $9.6 billion, a record price for an NFL franchise. The NFL has scheduled a special owners meeting for Aug. 26 to vote on ratifying the sale.
Why it matters: The price sets a new high-water mark for NFL franchise values, surpassing the Washington Commanders' 2023 sale by more than 50 percent. Khosla is already a limited partner with the San Francisco 49ers, adding a cross-ownership wrinkle the league will weigh alongside the vote.
By the numbers: $9.612 billion sale price tops the Commanders' 2023 deal by more than 50 percent.
What to watch: NFL owners vote on the sale at the special meeting Aug. 26.