Vinod Khosla Strikes $9.6B Seattle Seahawks Buy
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.