The Paul Allen Estate has reportedly agreed to sell the Seattle Seahawks.
It is reportedly a record-breaking deal for an NFL franchise, as The Paul Allen Estate has agreed to a $9.6 billion price tag.
The Seahawks’ new ownership group is being led by Indian American billionaire Vinod Khosla, who has a minority stake in the San Francisco 49ers.
Seattle Seahawks’ $9.6 billion sale is still subject to NFL owners’ approval
Although Khosla’s group has won the bid for the Seahawks, the ownership transaction is yet to be made official.
It’ll only become official once the rest of the NFL owners vote in agreement. Speaking of which, insider Adam Schefter has revealed on X the exact date when the vote among NFL owners will take place.
“The league notified teams today that there will be a special one-day meeting on the afternoon of Wednesday, August 26 in Atlanta,” Schefter wrote on X. “It’s expected that there then will be a vote on the Seattle Seahawks’ ownership transaction, pending the Finance Committee review.”
He added, “There will also be an update on football and business matters related to the upcoming season.”
If the current NFL owners do not vote in favor of the sale, the deal will collapse, as The Paul Allen Estate will have to look for a different buyer.
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