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Feb 8, 2026; Santa Clara, CA, USA; The Seattle Seahawks logo is shown during the game in Super Bowl LX at Levi's Stadium. Mandatory Credit: Darren Yamashita-Imagn Images
Feb 8, 2026; Santa Clara, CA, USA; The Seattle Seahawks logo is shown during the game in Super Bowl LX at Levi's Stadium. Mandatory Credit: Darren Yamashita-Imagn Images
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NFL committees recommend approval of $9.6B Seahawks sale

August 20th, 2026 | 22:13 PM LIFE Sports 2

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By Reuters

The sale of the Seattle Seahawks to venture capitalist Vinod Khosla and his family passed through ​a pair of key committee votes Wednesday.

Owners who ‌sit on the NFL's finance and ownership policy committees voted unanimously to recommend the approval of the record-breaking $9.612 billion ​sale, Front Office Sports first reported.

With those ​votes out of the way, the sale is ⁠very likely to pass the final vote of ​team owners when they meet next Wednesday in ​Atlanta. At least 24 "yes" votes are required to approve the deal.

The Paul Allen estate, which inherited the NFL team after ​Allen's death in 2018, agreed to terms with ​the Khosla family last month after a search for a new ‌owner. ⁠Allen's will stipulated that the team be sold and assets be distributed to various charities.

The price tag is an NFL record for a franchise sale. ​It is ​the second-highest valuation ⁠in North American sports history; the Los Angeles Lakers sold for $10 billion ​last year and were more recently valued ​at $12.5 ⁠billion as Bob Iger and Josh Kushner plan to purchase a majority stake in the NBA team from ⁠Mark ​Walter.

The Seahawks are coming off ​their second Super Bowl win in franchise history, a 29-13 victory ​over the New England Patriots last February.

--Field Level Media

  • Topic
  • SALE
  • NFL
  • FOOTBALL
  • SEA
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