The reigning Super Bowl champions, the Seattle Seahawks, are officially entering a new era. After months of discussion around who would be the next owners of the team, the Paul G. Allen estate has officially handed over the keys.

The Seahawks have been purchased in a record-breaking deal by an ownership group led by Vinod Khosla, Sportico reported. The details of the sale have not been released, but the Khosla family will be the controlling owner of the franchise, the Seahawks released in a statement. Multiple sources within the league say that Khosla and Co. struck a $9.6 billion deal with the team.

“We are honored to be entrusted as the next stewards of the Seattle Seahawks,” Vinod Khosla announced in an official statement on behalf of the Khosla family. “We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.”

This is now the most expensive NFL team sale in the league’s history. The previous record was set by the Washington Commanders being purchased by Josh Harris for $6.05 billion.

The Khosla family is expected to give up its minority stake in the San Francisco 49ers.

The late Paul Allen purchased the Seahawks in 1996 (made official in 1997), and was with the franchise until he died in 2018. His sister, Jody, was named the executor of his estate after his passing.

This is a developing story.