Super Bowl champion Seahawks close in on new ownership as billionaire venture capitalist prepares huge bid
Billionaire venture capitalist Vinod Khosla is reportedly preparing a bid to buy the Seattle Seahawks.
The Super Bowl champions have been in the Allen family since 1997, when Paul Allen bought the team for $194million from then-owner Ken Behring. But the co-founder of Microsoft died in 2018 from complications of non-Hodgkin lymphoma at the age of 65.
Allen’s sister, Jody, has led the Seahawks and the NBA team he owned, the Portland Trail Blazers, since his death. But Allen left a directive to eventually sell his sports holdings and direct all estate proceeds to philanthropy.
The Seahawks were officially put up for sale just days after Sam Darnold led them to victory over the New England Patriots in Super Bowl LX, with the team valued at nearly $7billion.
And now Sportico reports that Khosla – a recent investor in the San Francisco 49ers – is working on a bid to buy the franchise.
The 71-year-old is the founder of Khosla Ventures, a venture capital firm based in Silicon Valley. He previously co-founded computer firm Sun Microsystems in 1982.
According to Forbes, Khosla’s net worth is around $14.4bn and reports claims he recently filed a letter of intent as part of the process to buy the NFL giants.
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