Seattle Seahawks sale to Vinod Khosla family officially closes
Seattle Seahawks owners The Khosla family, and NFL commissioner Roger Goodell, Nina Khosla, left, Vinod Khosla, Neeru Khosla, and Neal Khosla pose for a portrait during a news conference at an NFL football owners meeting on Wednesday, Aug. 26, 2026, (Brynn Anderson / Associated Press)
The Seattle Seahawks have new ownership for the first time since 1997.
The sale of the Seahawks to the family of Vinod Khosla for an NFL record $9.612 billion from the Paul G. Allen Trust officially closed on Thursday.
"We are honored and excited to begin this next chapter," the family said in a statement released by the team. "The Seahawks are known for their championship culture, winning football, and a deep connection to the 12s and the Pacific Northwest. We look forward to engaging with the Seattle community and building upon the legacy and traditions that make this franchise so special. We would like to extend our gratitude to the investors joining our ownership group and to everyone who has supported us throughout the sale process."
Dig deeper:
Neeru Khosla has been named the team's controlling owner and president of the Seahawks Charitable Foundation. Vinod Khosla will serve as team chairman, and Neal Khosla will be vice-chairman.
The team will hold an introductory press conference with the Khsola family on Wednesday, September 9, ahead of the regular-season opener against the New England Patriots.
The Seahawks put out a video thanking the Allen family for their stewardship on Wednesday.
Who else is joining the ownership group?
In addition to the Khosla family taking controlling interest in the team on Thursday, the Seahawks announced the group of minority invertors that have joined the group to purchase the team.
Co-owners joining the Khosla family include:
- Mark Stevens – billionaire venture capitalist and part-owner of the Golden State Warriors
- Aramburuzabala Family – María Asunción Aramburuzabala is the billionaire chairperson of Tresalia Capital
- Val Blavatnik – Special advisor to Access Technology Ventures and to the CEO at Warner Music Group
- Sheryl Sokoloff
- Gonzalo Hevia Baillères – Mexican businessman
- Jesse van der Werf
- Samir Kaul – Founding Partner and Managing Director at Khosla Ventures
- Sunny Gupta – Co-founder of Thira, Investor and executive chairman of Smartsheet, and General Partner of Generative Capital
- Nader Naini – Managing partner of Frazier Healthcare Partners
- Penny Pritzker – Former U.S. Secretary of Commerce under President Barack Obama, sister of Illinois governor JB Pritzker
- Carlyle and Dynasty Equity – Investment firm
- Sixth Street – Investment firm
The Khoslas credited Andalusian Sports Advisors for serving as an advisor to the group during the sale process, and Sullivan & Cromwell LLP served as legal counsel.
While Front Office Sports reported that Aditya Mittal and Wyc Grousbeck – the group that was reportedly runners-up for the sale of the team – had been in conversations to potentially join the group as minority partners, they do not appear as part of the Khosla ownership group.
NFL ownership rules require the majority owner to hold at least a 30% stake in the franchise and limits the total number of partners to 25. League rules also have a maximum of $1.2 billion in debt owners can take on to facilitate a purchase, meaning the Khoslas needed to have at least $1.68 billion in funds available to meet the minimum 30 percent ownership threshold – and it's possible the family acquired a larger stake than that as well.
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Runners-up for Seattle Seahawks, Aditya Mittal, Wyc Grousbeck could join as minority investors, per report
A group that had been interested in becoming the new primary owners of the Seattle Seahawks could still be joining the family of Vinod Khosla as minority owners in the team, according to a report from Front Office Sports.
The Source: Information in this story comes from the NFL, Seattle Seahawks, Front Office Sports and FOX 13 Seattle reporting.
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