Vinod Khosla Buys Seahawks for $9.612 Billion as Paul Allen Estate Sends Proceeds to Charity
Updated
Updated · NBC Sports · Jul 12
Vinod Khosla Buys Seahawks for $9.612 Billion as Paul Allen Estate Sends Proceeds to Charity
3 articles · Updated · NBC Sports · Jul 12
Summary
$9.612 billion from Vinod Khosla’s Seahawks purchase will go to charity under the Paul G. Allen Estate’s plan to distribute all assets to nonprofits.
Khosla said he was excited to join the franchise and to see the money go to a non-profit, highlighting the unusual destination of proceeds from a major sports-team sale.
The delayed sale after Allen’s death sharply increased the charitable windfall, topping the previous NFL record of $6.05 billion for the Commanders by more than 50%.
Neeru Khosla is set to become controlling owner if at least 24 NFL owners approve the transaction, extending Khosla’s move from venture capital into team ownership.