Vinod Khosla group buys Seahawks for NFL-record $9.6 billion

The Seattle Seahawks announced their sale to a group led by Vinod Khosla for a record $9.6 billion. Khosla, who currently owns a minority stake in the San Francisco 49ers, plans to divest that stake before his ownership is officially confirmed. The NFL's other owners are set to vote on the deal as early as August 26. The proceeds from the sale are largely earmarked for charity, primarily benefiting the Paul G. Allen Foundation, as stipulated in the former owner’s will. Paul Allen purchased the Seahawks in 1997 for $194 million, and his estate has controlled the team since his death in 2018.

• 4:42 AMCBS NFL — Seahawks to be sold for NFL-record $9.6 billion: Who bought the team, and why billions will go to charity