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Seattle Seahawks sell for staggering $9.6 billion — who's the buyer? (an Indian tech dude)
newsweek ^ | Jul 11 | Megan Armstrong

Posted on 07/12/2026 6:14:14 AM PDT by dennisw

The Seattle Seahawks sent the Paul G. Allen Estate out on top.

The Seahawks pummeled the New England Patriots to win Super Bowl LX, and from the NFL mountaintop, the Allen Estate formally announced that it had “commenced a formal sale process,” per ESPN’s Brady Henderson in February. Paul Allen died from non-Hodgkin lymphoma in 2018, and his estate took over ownership of the Seahawks following his death.

In May, ESPN’s Seth Wickersham cited sources who believed the Seahawks would “sell for slightly above $9 billion.” Those sources were spot on.

On Saturday, July 11, Allen’s estate revealed with whom it will entrust the Seahawks moving forward.

“The Estate of Paul G. Allen today announced it has entered into a formal sale agreement with an ownership group led by the Khosla family, including Vinod Khosla, for the Seattle Seahawks NFL franchise,” the statement reads. “The Khosla family will become the team’s controlling owner.”

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Sports
KEYWORDS: washington

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1 posted on 07/12/2026 6:14:14 AM PDT by dennisw
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To: dennisw

Why not 96 billion. Owning a major sports franchise is like being a duke in England 500 years ago. It’s the closest thing to aristocracy, at least for rich people who aren’t in the movies or on TV.


2 posted on 07/12/2026 6:18:22 AM PDT by maro (MAGA!)
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To: dennisw

ownership group led by the Khosla family<<<<<<<

My bet he will have co-buyers from India and living there too. IOW NFL greed boys/owners will vote that foreign money is OK to buy into the NFL

There are many very rich Indians from the Great HB1 scam. Let’s see some become co-owners of the Seahawks.


3 posted on 07/12/2026 6:19:32 AM PDT by dennisw (There is no limit to human stupidity. |||||||||||||||||||||||||)
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To: dennisw

the tradition for Seattle teams once sold is to relocate to Oklahoma City


4 posted on 07/12/2026 6:29:30 AM PDT by ChronicMA
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To: dennisw
$9.6 billion? I guess Rick loses out again.


5 posted on 07/12/2026 6:31:43 AM PDT by Leaning Right
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To: maro

“Think I’ll buy me a football team!”


6 posted on 07/12/2026 6:33:17 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: dennisw

The parting out of USA continues.


7 posted on 07/12/2026 6:34:34 AM PDT by Irenic
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To: dennisw

Wow! Pre JJ (Jerry Jones), I never missed a Cowboys game and attended many. God Bless Tom Landry and Roger Staubach, Bob Lily and Emmett Smith, to name just a few of my “football” heroes back then!

Post JJ, I have NEVER seen a full Cowboys game on TV or been to a Cowboys game. Then there is pond scum, hate America, Roger Goodell who loves to rub LGBTQ bs in the face of 65% of Americans even though only 3.4% of those polled say they are queer, then there’s the hair hanging down to the asses of many players as they run down the field, then there’s the scum bag owners and I’m sure I could name a few more.

Wow, 9.6 billion for a scumbag team from a growing, hate America, LGQBT, communist town. Now I know whey I’m reminded of why I have not had a TV in my house in 20 years.


8 posted on 07/12/2026 6:37:22 AM PDT by Cen-Tejas
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To: dennisw

The prices are astronomical nowadays.

I remember Howard Hughes wanting to buy ABC.

There were 4.7 million shares outstanding selling at about $60/share before his offer.

https://www.worldradiohistory.com/Archive-All-BC/Broadcasting-Magazine/BC-1968/1968-07-08-BC.pdf


9 posted on 07/12/2026 6:39:31 AM PDT by Brian Griffin
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To: Cen-Tejas

“Now I know whey I’m reminded of why I have not had a TV in my house in 20 years.”

I ditched cable 7 years ago and my TV got killed by voltage fluctuations. You tube is killing!!! cable these days. And more watch it on televisions than on computers and phones.
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You are spot on—YouTube has officially taken over the living room. According to the latest Nielsen and platform data, TV screens have surpassed mobile phones and computers as the number one device for YouTube watch time in the U.S.

While people still click on more individual videos on their phones, they “lean back” and watch for much longer when they are on the couch.

The breakdown of how and where people are watching highlights this shift:

The U.S. Watch-Time BreakdownConnected TVs (Smart TVs, Rokus, Consoles): ~36% – 42% of total watch hours. Globally, people watch over 1 billion hours of YouTube on TV screens every single day.

Mobile Phones & Tablets: ~35% – 40% of watch hours. (Though mobile still dominates short-form content like YouTube Shorts, pulling in about 70% of total individual views).

Computers/Desktops: ~15% – 20% of watch hours. This is mostly reserved for tech tutorials, office viewing, or productivity niches.

Why TV is WinningBinge Watching: The average YouTube session on a TV screen is over 45 minutes, compared to just 20 minutes on a smartphone. People are treating it exactly like traditional cable.

Long-Form Content: Over half of all YouTube watch time now goes to videos that are 20+ minutes long, which naturally favor the big screen.

App Upgrades: YouTube redesigned its TV app specifically so viewers can read descriptions and scroll through comments on the side of the screen without interrupting the video. Additionally, its standalone cable-replacer, YouTube TV, now has over 8 million paid subscribers, dealing an extra blow to traditional cable companies.


10 posted on 07/12/2026 6:51:59 AM PDT by dennisw (There is no limit to human stupidity. |||||||||||||||||||||||||)
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To: dennisw

Hooray. More Indians.


11 posted on 07/12/2026 6:52:40 AM PDT by montag813
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To: maro

it is quite a racket.

the cities pay for the stadiums, the owners get all the profit


12 posted on 07/12/2026 6:54:40 AM PDT by TexasFreeper2009
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To: Irenic
The parting out of USA continues.

Americans voted for this with their consumer dollars. When we had a choice, far too many of us chose poorly.

13 posted on 07/12/2026 7:00:42 AM PDT by TwelveOfTwenty (Prayers for the US and President Trump)
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To: All

Wiki-—— Billionaire Khosla hosted Barack Obama for a fundraising dinner in 2013, and Joe Biden in 2024 at his home in Portola Valley. Khosla endorsed Democrat Hillary Clinton in the 2016 U.S. presidential election.

Khosla was a major proponent of the “Yes on 87” campaign to pass California’s Proposition 87, The Clean Energy Initiative, which failed to pass in November 2006.

With the withdrawal of Joe Biden from the 2024 United States presidential election, Khosla called for the Democratic Party to hold an open convention for its nominee. He stated that it was “hard for me to support someone with no values, lies, cheats, rapes, demeans women, hates immigrants like me” ....... referencing Donald Trump.

Khosla pledged his support for Kamala Harris in July 2024 and joined “VCs for Kamala”, a group of more than 100 tech investors and entrepreneurs signatories for Harris.


14 posted on 07/12/2026 7:01:05 AM PDT by Liz (“The heavens declare the glory of God; the skies the work of His hands." (Psalm 19:1))
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To: dennisw

“Latham & Watkins....
Multidisciplinary team represents the Estate in the sale of the Super Bowl LX Champions”

https://www.lw.com/en/news/2026/07/latham-advises-the-estate-of-paul-g-allen-in-agreement-to-sell-seattle-seahawks

a good listing of practice area possibilities for law school graduates:

https://www.lw.com/en/capabilities


15 posted on 07/12/2026 7:01:37 AM PDT by Brian Griffin
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To: montag813

It’s Seattle, not America


16 posted on 07/12/2026 7:04:59 AM PDT by bert ( (KE. NP. +12) Quid Quid Nominatur Fabricatur)
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To: dennisw

Sorry NFL Players Association, H-1B is coming.


17 posted on 07/12/2026 7:05:13 AM PDT by PGR88
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To: Liz

MSN

Khosla, 71...earned degrees from the Indian Institute of Technology in New Delhi and Carnegie Mellon before getting his MBA at Stanford...After co-founding Sun in 1982, he spent nearly two decades as a partner at the legendary venture firm Kleiner Perkins before launching Khosla Ventures in 2004.

His firm now manages roughly $15 billion and has backed companies including DoorDash, Affirm, and Opendoor....Forbes ...estimates his net worth at $15.6 billion.

Vinod Khosla has spent four decades building and funding companies around a single idea: hire the right people and get out of their way. He’s one of the most respected and influential investors in Silicon Valley, with a track record of big bets and a habit of not backing down.

https://www.msn.com/en-us/money/venture-capital/what-to-know-about-vinod-khosla-the-silicon-valley-legend-whose-family-is-buying-the-seahawks/ar-AA27InTY


18 posted on 07/12/2026 7:11:15 AM PDT by Brian Griffin
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To: dennisw

So when NFL games all go “pay per view” how many households will pay? Some will,of course. But I sue as hell won’t...just as I refuse to pay for MLB...NBA...NHL.


19 posted on 07/12/2026 7:14:49 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: Gay State Conservative
So when NFL games all go “pay per view” how many households will pay? Some will,of course. But I sue as hell won’t...just as I refuse to pay for MLB...NBA...NHL.

Or CBS, NBC, and ABC. I get all I need with antenna.

20 posted on 07/12/2026 7:16:19 AM PDT by TwelveOfTwenty (Prayers for the US and President Trump)
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