What happened: The Estate of Paul Allen's sale of the Seattle Seahawks to a group led by Vinod Khosla is described as all but finalized, with the team and league both having confirmed the agreement. The NFL has set an Aug. 26 special meeting for owners to vote on ratifying the transaction.

Why it matters: At a reported $9.6 billion, the deal sets the record price for an NFL franchise sale. Khosla currently holds a minority stake in the San Francisco 49ers, which he must divest under NFL bylaws before taking control of the Seahawks.

By the numbers: Sale price: $9.6 billion, an NFL-record figure. Owner vote scheduled for Aug. 26.

What to watch: NFL owners meet Aug. 26 to vote on final approval of the sale before Seahawks training camp begins.

Sources