The Seattle Seahawks are closing in on a new ownership chapter, and the Khosla family is set to take over in a deal that would make the franchise sale official soon.
Seattle has an agreement with the Paul G. Allen Estate to sell the team for a record $9.6 billion, and NFL insider Steve Wyche shed some light on how the process played out behind the scenes. According to Wyche, key figures inside the organization were part of the evaluation.
“I know that they (Schneider and Macdonald) were part of the process in interviewing, so to speak, some of the ownership groups when they came through the Seahawks’ facility in the minicamp era of the summer,” Wyche said h/t Seattle Sports.
“So they were feeling out the ownership groups (and) the ownership groups were feeling out them.”
If the sale goes through as expected, the Khoslas will become the fourth ownership group in Seahawks history, following Lloyd Nordstrom (1976-87), Ken Behring (1988-96), Paul G. Allen (1997-2018) and the Paul G.
Allen estate (2018-26). It marks a major moment for the franchise.
Vinod Khosla, a tech entrepreneur and venture capitalist, already has an ownership stake in the San Francisco 49ers, but he will give that up so his family can own the Seahawks. His wife, Neeru, is slated to serve as the controlling owner.
Neeru Khosla has been the executive director of the CK-12 Foundation in California since 2007. The organization says it is committed to "providing free access to content and technology tools that empowerstudents as well as teachers to enhance and experiment with different learning styles, resources, levels of competence, and circumstances."
Her background as an executive director spans two decades, and that experience should serve her well in the controlling-owner role. The source material also points to her interest in community, which fits naturally with the responsibilities that come with leading an NFL franchise.
Seattle is coming off a Super Bowl title, and there’s plenty of energy around the organization as it moves into this next era. The process to find the right successor took time, but the Seahawks appear ready to move forward with the Khosla family at the helm.
The sale is scheduled to be finalized on Aug. 26.
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