Published August 20, 2026 6:03 PM PDT
SEATTLE - The Khosla family is one step closer to officially owning the Seattle Seahawks.
The pending $9.612 billion sale of the Seahawks cleared a major hurdle, as members of the NFL's finance committee and ownership policy committee voted unanimously to recommend the approval of the sale. The news was first reported by Front Office Sports.
MOUNTAIN VIEW, CA - DECEMBER 03: Engineer Vinod Khosla and Neeru Khosla attend the 2018 Breakthrough Prize at NASA Ames Research Center on December 3, 2017 in Mountain View, California. (Jesse Grant / Getty Images)
The estate of Paul G. Allen is set to transfer ownership to a group led by venture capitalist Vinod Khosla's family. It would set the record for the highest sale of an NFL franchise ever.
The league has informed all 32 teams of the recommendation. A full group of NFL team owners will vote on the transaction during a special league meeting in Atlanta on Wednesday, Aug. 26.
Neeru Khosla, wife of Vinod Khosla, will serve as the controlling owner under the proposed structure. Their son, Neal Khosla, is also expected to take on a significant leadership role in the organization.
If approved by league owners, the Seahawks sale is expected to close in September, likely before Seattle's first game of the regular season on Sep. 9.
Related
MORE SEAHAWKS NEWS FROM FOX 13 SEATTLE
How to watch Seattle Seahawks preseason game against Tennessee Titans on FOX 13
Trevon Diggs says he's fully healthy after signing with Seattle Seahawks
Terrion Arnold addition still pending, Seattle Seahawks workout Trevon Diggs
Behind-the-scenes: Seattle Seahawks on 'Hard Knocks'
Record contract won’t change Devon Witherspoon’s focus with Seahawks
Takeaways from Seattle Seahawks 17-7 preseason loss to Cowboys
Jalen Milroe looking to apply lessons learned in second preseason with Seattle Seahawks
To get the best local news, weather and sports in Seattle for free, sign up for the daily FOX Seattle Newsletter.
Download the free FOX LOCAL app for mobile in the Apple App Store or Google Play Store for live Seattle news, top stories, weather updates and more local and national news.
The Source: Information in this story came from Front Office Sports and previous FOX 13 Seattle reporting.
Comments
Nothing yet. Say the first thing.
Sign in to join the conversation.