The Seattle Seahawks have finally found their new owner. A group led by Vinod Khosla, founder of Khosla Ventures, has emerged as the winning bidder to purchase the team. But here’s the thing: there’s still a hurdle he needs to cross before officially beginning his new chapter in Seattle. Khosla will now have to cut his ties with the biggest rivals of the reigning Super Bowl champs.

Sportico reported that this deal to purchase the Seahawks is worth a record-setting $9.6 billion. However, Khosla will have to give up his 3.1% minority stake in the San Francisco 49ers as the NFL prohibits any ownership group or individual from holding an operational or financial interest in more than one team. Khosla’s stake in the franchise was reportedly valued at more than $8.5 billion. And even though he has had it since July last year, it won’t be easy for him to part ways with the Niners.

Khosla was born in India, but he later moved to San Francisco to build his career in Silicon Valley. When it came to purchasing the 49ers stake, he said during the 49ers Horizon Summit that it was an “easy decision.” He and his sons are big fans of the team. However, they will now begin a journey with a new team. But mind you, Khosla’s purchase is not finalized yet.

ESPN reported that NFL team owners must approve the deal, and they are expected to vote on it on August 26. If they approve it, Neeru Khosla, Vinod’s wife, will become the Seahawks’ controlling owner, according to a memo sent to NFL teams. Per the notification, reported by Mark Maske, their son, Neal Khosla, will also have an important role in running the team.

Paul Allen bought the Seattle Seahawks in 1997 for $194 million. After he died in 2018 at the age of 65, his estate took over ownership of the team, with his sister, Jody Allen, named executor. The estate is now finalizing the $9.6 billion sale of the Seahawks – one of the biggest ever sports team sale in America. The crown rests with the Los Angeles Lakers after Mark Walter, who is the CEO of TWG Global, purchased the team for $10 billion in 2025.

Khosla also comes with a solid background. He began as a tech entrepreneur in the 1980s, before entering venture capital with Kleiner Perkins. After working with them for 18 years, Khosla established Khosla Ventures. According to Forbes, he has a net worth of $13.7 billion.

Khosla was also named to the Forbes Midas List 19 times, topping the list in 2026.

The venture capitalist is inheriting an NFL team that has been among the winningest in recent years. From 2016 to the present, the Seahawks have recorded only one losing season and have consistently featured in the playoffs. As such, Seattle will only hope that the new leadership can still keep the winning culture going within the team.