Group Led by 49ers Limited Partner Vinod Khosla Agrees to Buy Seahawks for Record $9.6 Billion
The Khosla family must divest its stake in the San Francisco 49ers as part of the deal.
A group led by Vinod Khosla, a limited partner in the San Francisco 49ers, has agreed to purchase the Seattle Seahawks for a record $9.612 billion, according to sources cited by ESPN.
The sale price would mark the highest ever paid for an NFL franchise, reflecting the continued surge in valuations for major American sports teams. As a condition of the deal, the Khosla family will be required to divest its ownership interest in the 49ers, ESPN reported.
The transaction still requires the formal approvals typical of NFL ownership changes, though ESPN's sources indicated an agreement has already been reached on price and terms.
— Compiled from reporting by ESPN.