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NFL committee recommends approval of Seahawks sale to Khosla family

Bob Condotta, The Seattle Times on

Published in Football

SEATTLE — The sale of the Seattle Seahawks took a significant step toward ratification this week when the NFL’s finance and ownership policy committee unanimously recommended approval of the sale to a group led by the Khosla family.

An NFL spokesperson confirmed a report from Front Office Sports that the group met Wednesday and submitted its recommendation of approval of the transfer of ownership of the team from the Paul G. Allen Estate to a group led by the Khosla family.

That recommendation will be forwarded to all 32 NFL owners who will vote to approve the sale at a special league meeting Wednesday in Atlanta. A transfer of ownership needs the approval of 24 of 32 owners.

The finance committee’s recommendation is generally seen as the last critical step in the approval of ownership of the team and it’s expected that the full ownership group will follow that recommendation and approve the transfer of ownership on Wednesday.

Once the transfer is approved, the sale of the team from the Allen Estate to the Khosla family group is expected to become official.

That may likely take a few days, but indications are that the two sides are expecting that to be completed the first week of September, with the hope that it happens before the Seahawks open the regular season Sept. 9 with a home game against the New England Patriots.

The approval of the transfer of the ownership might mean that more details of the sale — specifically, other members of the ownership group — may be revealed.

NFL rules require that the primary owner must hold at least a 30% stake in the team and that the entire ownership group can consist of no more than 25 members.

 

The Khosla family group won the right to buy the Seahawks from the Allen Estate — chaired since 2018 by Jody Allen after the death of her brother, Paul — with a bid of $9.612 billion, a record for an NFL franchise.

Neeru Khosla, wife of Vinod Khosla, has been listed as the controlling owner. Their son, Neal, is also part of the group and is expected to take on “a significant leadership role” in the ownership group.

The Khosla family bought a 3.1% stake in the San Francisco 49ers in the spring of 2025. They will have to divest of that stake. A report from Front Office Sports on Thursday seemed to indicate that has yet to happen, noting that such ownership situations “in the past have taken months to be resolved.”

The Khosla family has not had any official public comment on the Seahawks other than a statement released at the time the agreement was announced in July.

Once the transfer of ownership is approved and the sale becomes official, the family will likely make its first public comments and begin taking over as owners.

The Allen family had owned the team since 1997 when Paul Allen bought it from the Behring family.

The Khosla family group will be the fourth owners of the Seahawks as they enter their 51st season of play this fall. A group led by the Nordstrom family owned the team from its inception in 1976 until selling it to Behring in 1988.


©2026 The Seattle Times. Visit seattletimes.com. Distributed by Tribune Content Agency, LLC.

 

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