NFL Approves Record-Breaking $9.6 Billion Seahawks Sale to Khosla Family
What Happened
NFL owners unanimously approved the $9.6 billion sale of the Seattle Seahawks to the Indian origin Vinod Khosla family, making it the most expensive NFL franchise transaction ever. The reigning Super Bowl champions were sold by the estate of late Microsoft co-founder Paul Allen, with Neeru Khosla expected to serve as the team's controlling owner.
Key Takeaways
The deal marks one of the biggest transactions in North American sports history and signals a major milestone for Indian-origin entrepreneur Vinod Khosla, founder of Khosla Ventures and co-founder of Sun Microsystems. Khosla said his focus is simple:“keep the winning streak alive” and pursue another Super Bowl title.