The Seattle Seahawks are anticipated to sell for a staggering $9 billion, significantly surpassing the $6 billion price of the Washington Commanders in 2023. This sale will mark one of the largest ownership changes in professional sports, attracting a diverse group of investors, including billionaires and venture capitalists.
Recent reports suggest that Todd Boehly, chairman and CEO of Eldridge Industries, is among the latest potential buyers. He joins a competitive field that includes Vinod Khosla, a notable venture capitalist and co-founder of Sun Microsystems, along with Aditya Mittal, a steel executive, and former Boston Celtics owner Wyc Grousbeck.
The Seahawks are being sold by the estate of the late Paul Allen, who directed in his estate plan that his sports holdings be sold to benefit philanthropic efforts. The franchise was officially listed for sale in February 2023, shortly after winning its second Super Bowl title.
Khosla, who has invested in several Seattle-based startups, reportedly submitted a letter of intent to bid on the team. His previous comments in Seattle highlighted the value of rapid learning in business, a principle he champions through his investments in technology ventures.