The Seattle Seahawks have confirmed that the estate of Paul G. Allen has reached an agreement to sell the team, and the price tag is a massive one: $9.6 billion.
Sportico’s Scott Soshnick and Eben Novy-Williams reported that billionaire Vinod Khosla is the buyer, with his group beating out several other bidders, including Aditya Mittal. Khosla, a co-founder of Sun Microsystems, had already bought into the 49ers at a valuation higher than $8.5 billion.
If the deal gets finalized, it would land among the biggest valuations ever for a sports franchise and come in just below the $10 billion mark for the Los Angeles Lakers.
The Seahawks acknowledged the news on July 11, 2026, posting: “Estate of Paul G. Allen Reaches Agreement to Sell Seattle Seahawks pic.twitter.com/Pmv8i6FEp8”
One key detail still hanging over the agreement is financing. The report says it remains to be seen how Khosla’s offer would be funded.
Sportico had previously valued the Seahawks at $6.59 billion last year, though reports had suggested the eventual sale price would be higher.
Paul Allen bought the team several years ago, and after his death in 2018, his sister, Jody Allen, served as executor of the trust. Her role came with a directive from her late brother to eventually sell both the Seahawks and Trailblazers and donate the proceeds to charity.
The franchise had already taken a major step toward that outcome in February, when the Seahawks announced that the estate of the former Allen had officially begun a formal sale process.
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