Seattle Seahawks ownership to transfer to Khosla family pending league approval
Just the facts

Seattle Seahawks ownership to transfer to Khosla family pending league approval

Summary

The Seattle Seahawks have agreed to sell the franchise to the Khosla family, with a league vote scheduled for late August and the new ownership expected to be confirmed before the season opener.

The Seattle Seahawks announced an agreement to sell the team to the Khosla family, fulfilling the late owner Paul Allen's directive to divest his assets after his death. The sale requires approval from at least 24 of the league's owners at a special meeting slated for late August, after which the new ownership structure should be in place for the season-opening game against the New England Patriots.

Vinod Khosla, who currently holds a 3.1% stake in the San Francisco 49ers, must sell that interest to comply with NFL conflict-of-interest rules, similar to previous cases involving David Tepper and Josh Harris. Neeru Khosla, Vinod’s wife, is identified in league documents as the prospective controlling owner; the NFL requires a controlling owner to hold at least 30% of the franchise. Neeru Khosla co-founded the CK-12 Foundation, a nonprofit focused on K-12 STEM education.

Their son, Neal Khosla, is expected to assume a significant leadership role within the ownership group. Neal previously interned with the 49ers and is now chief executive of Curai Health, an AI-driven healthcare company.

No former Seahawks players are reported to be part of the ownership group, and there is no evidence suggesting the Khoslas intend to relocate the team from Seattle.

"The vote to approve the sale will be held in August and, assuming a majority of owners vote in favor, the transaction should be finalized before Week 1 of the NFL season," a league spokesperson said.

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