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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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To: TwelveOfTwenty

Same here.I cut the cord several years ago and have found I can get 72 stations for free with an antenna. Of course two thirds of them are Home Shopping Network but in addition to the networks I get a few other interesting stations.


21 posted on 07/12/2026 7:19:15 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: dennisw

Richest H1-B visa person is Elon Musk. Thank goodness this national treasure dude is here.


22 posted on 07/12/2026 7:19:45 AM PDT by Bobbyvotes (Work is best form of worship to Gods.. per Bhagavad Geeta, the Hindu sacred book. )
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To: Gay State Conservative

Which of course is exactly why they’re not going pay per view. I always laugh when people make that prediction, it’s patently ridiculous. And you even said part of why. The other big part is the bidding wars, they have a desirable product, with a limited number of packages, and more TV that want it than packages the NFL is willing to sell. This has been driving up their revenue since Fox came to be and shook that boat. They’re $12 BILLION from TV rights alone, you really think they’re stupid enough break that.

Nobody is going pay per view. Just stop.


23 posted on 07/12/2026 7:20:24 AM PDT by discostu (like a dog being shown a card trick)
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To: Liz

“rapes, demeans women”

Maybe Trump can get the $5 million he’ll probably have to pay Carroll from a lawsuit against him, or millions more.

Every million counts, paraphrasing Tesco.


24 posted on 07/12/2026 7:22:32 AM PDT by Brian Griffin
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To: Liz

After reading posts on FR, it is a wonder why any India background would vote Republican. No one ever forgets being discriminated for whatever reason.


25 posted on 07/12/2026 7:24:23 AM PDT by Bobbyvotes (Work is best form of worship to Gods.. per Bhagavad Geeta, the Hindu sacred book. )
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To: Gay State Conservative

Yes. HSN (Home Shopping Network) is part of QVC Group, and QVC Group filed for Chapter 11 bankruptcy protection in April 2026. HSN itself is included in that U.S. restructuring.

The important point is:

It is a Chapter 11 reorganization, not a liquidation.
HSN and QVC are still operating while the bankruptcy proceeds.
The company says customers can continue to shop normally, employees are being paid, and vendors will continue supplying merchandise.

The filing was driven by several factors:

More than $6 billion in debt that the company wants to restructure.
Declining cable TV audiences (”cord-cutting”).
Competition from Amazon, TikTok Shop, Temu, Shein, and other online retailers.
Sales have fallen sharply from their pandemic-era peak.

The goal is to reduce debt dramatically and emerge from Chapter 11 within a few months if the restructuring is approved.

In short: HSN is not shutting down today, but its parent company is in Chapter 11 bankruptcy while it reorganizes its finances.


26 posted on 07/12/2026 7:26:42 AM PDT by dennisw (There is no limit to human stupidity. |||||||||||||||||||||||||)
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To: montag813

Now renamed the Seattle Sacred Cows...or the Ganeshas...

Will they import H1Bs as players because they’ll claim they can’t find Americans to play for cheap?


27 posted on 07/12/2026 7:32:46 AM PDT by HombreSecreto (The life of a repo man is always intense)
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To: discostu

But keep in mind that if they go pay per view many,but not all,households will sign up and in addition to the per game...or monthly...or full season...fee they pay they’ll also be bombarded with ads for Bud Light and Viagra just as they are now.


28 posted on 07/12/2026 7:38:48 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: Liz

And yet they wouldn’t let Rush Limbaugh be part owner of the St Louis Rams! No wonder I still hate the NFL.


29 posted on 07/12/2026 7:43:43 AM PDT by US_MilitaryRules (#PureBlood )
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To: US_MilitaryRules

The PTB wouldn’t let Rush Limbaugh be part owner of the St Louis Rams.....

Yet they let this vitriolic Trump Hater buy in.......go figure.


30 posted on 07/12/2026 7:58:46 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

America is rapidly becoming and Indian colony in the Western Hemisphere. Next up, Pamila Gorilla will be running for President with Hakeem Skyhook as her VP boy.


31 posted on 07/12/2026 8:00:52 AM PDT by FlingWingFlyer (If two jackasses sneak onto a thoroughbred breeding farm, they'll still throw another jackass.)
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To: dennisw

Maybe some of them can buy the Cleveland Guardians and turn them back to the Cleveland Indians.


32 posted on 07/12/2026 8:30:01 AM PDT by ALPAPilot
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To: Gay State Conservative

Yet another reason why none of the major sports will ever even contemplate pay per view, ever, not even for a second. Really you keep proving my point. PPV will never happen. And really, they all know what happened to boxing. Boxing used to be the 2nd biggest sport in America, then it got addicted to various forms of PPV and where is it now?

So really, again, accept as true, the NFL (NBA, MLB, NHL) will NEVER go to PPV, ever. So stop saying they will, because it’s more likely the sun will rise in the west.


33 posted on 07/12/2026 8:39:44 AM PDT by discostu (like a dog being shown a card trick)
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To: discostu
This may not apply everywhere but here in Boston one could,long ago,get Celtics games,Red Sox games, *and* Bruins games on free TV...over the air. Today you must have cable TV *and* sign up for a sports package at extra cost. That didn't happen without the support of the accountants working for these teams.

Yet you're insisting that it can't happen with the NFL.

I put it to you that these same accountants will decide if,and when,it happens.

34 posted on 07/12/2026 8:46:09 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: Cen-Tejas

Used to be a staunch Cowboys fan. Jerry Jones was a disappointment, and when he knelt with the team during the National Anthem, they lost me. I quit watching football. Watch the Superbowl sometimes if the wife has it on, and I am passing through the room. Dont miss the prima donnas, and the BS at all.


35 posted on 07/12/2026 8:49:48 AM PDT by madrastex
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To: discostu

Actually I should have made clear that I used “pay per view” as a catch all term...meaning you pay to see a game (or a number of games) rather than be able to watch it just with an antenna. Which is what I’ve been doing since I cut the cord several years ago.


36 posted on 07/12/2026 8:50:52 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: Gay State Conservative

Well sure, because they’re always going to chase the money. And the money right now is in streaming, it was in cable until recently, before then broadcast. It’s a business, it exists for money.

But PPV will NEVER be where the money is at. As I already explained. Bidding wars between different “networks” drive the price of the TV packages up, and make the NFL a boatload of money. PPV can’t a bidding war, so that kills it right there.

The accountants understand the basic math, and the basic math is there’s no way in hell the NFL could make $12 billion selling the games on PPV. They’d have to make $35 per person for that. And I’m not saying $35 per viewer, it’s $35 per every single person in the US. With even as great as NFL ratings are they still don’t even reach 10% of the population. So they’ve have to get to around $500/year/ fan. That’s not gonna happen. And they know. These same accountants already decided, it will never happen.


37 posted on 07/12/2026 8:54:53 AM PDT by discostu (like a dog being shown a card trick)
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To: Gay State Conservative

Oh, you’re making up your own definition of the word. You shouldn’t do that. PPV has a meaning, and that’s not it. Stick with the ACTUAL definitions. Makes everybody’s life easier.


38 posted on 07/12/2026 8:56:04 AM PDT by discostu (like a dog being shown a card trick)
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To: Gay State Conservative
No worries. They will have the wealthy celebrities and corporate funding.

39 posted on 07/12/2026 9:18:19 AM PDT by Tommy Revolts
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To: madrastex

Amen.


40 posted on 07/12/2026 9:26:47 AM PDT by Cen-Tejas
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