All articles tagged with #khosla family
The Paul G. Allen Estate finalizes the sale of the Seattle Seahawks to the Khosla family for a record $9.612 billion, ending a 30-year era as the team—now the defending Super Bowl champions—continues its ascent; Brock Huard credits the Allen stewardship with building a global brand and philanthropy that will define the franchise long after the sale.
The Seattle Seahawks announced a sale to the Khosla family after Paul Allen’s passing. Vinod Khosla must divest his 3.1% stake in the San Francisco 49ers to avoid conflicts, with Neeru Khosla likely serving as controlling owner and Neal Khosla in a leadership role. NFL approval will require at least 24 of 32 owner votes, anticipated in August, before Week 1. No former Seahawks players are reported as involved, and there’s no evidence yet of relocation plans, though fans are advised to wait for more details.
Vinod Khosla-led group will buy the Seattle Seahawks for about $9.6 billion, a NFL-record price, with team brass expressing a strong feel that the Khoslas will be engaged and effective owners who can contribute value to the football operation.