Vinod Khosla Strikes $9.6B Seattle Seahawks Buy
TL;DR Summary
Tech billionaire Vinod Khosla has agreed to buy the Seattle Seahawks from Paul Allen's estate for $9.6 billion, in one of the NFL's largest control deals, beating rivals including Aditya Mittal. Financing details are not disclosed. NFL ownership rules cap debt and require at least 30% equity for the control owner, and Khosla would need to sell his stake in the San Francisco 49ers if the deal closes. The sale follows a rare market move for NFL teams and comes with the Seahawks’ estimated value cited around $6.59 billion.
- Exclusive: Vinod Khosla to Buy Seattle Seahawks for $9.6 Billion Sportico.com
- Seahawks to be sold to Vinod, Neal Khosla group for record-$9.6B The Seattle Times
- Estate of Paul G. Allen Reaches Agreement to Sell Seattle Seahawks Seattle Seahawks
- Seahawks sold for reported record $9.6 billion to group led by 49ers limited partner Vinod Khosla Yahoo Sports
- Khosla-led group agrees to buy Seahawks; sources say $9.6 billion ESPN
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