What happened: Ian Rapoport reported the full details on the Seahawks' sale to Vinod Khosla, a San Francisco 49ers limited partner, with his wife Neeru Khosla set to serve as the controlling owner of the Seattle franchise.
Why it matters: The $9.6 billion agreement is a record sale price for an NFL franchise, and the controlling-owner designation determines who represents the team in league governance matters going forward.
What to watch: NFL owners are set to vote on the sale at a special meeting Aug. 26.