Indian-American billionaire Vinod Khosla, alongside his wife Neeru, is acquiring the Seattle Seahawks for a record-breaking $9.6 billion, marking the highest price for an NFL team.

The Khosla family ownership group, including Vinod Khosla, has entered into a formal agreement to purchase the defending Super Bowl champion Seattle Seahawks.

The Seattle Seahawks will be sold to billionaire Vinod Khosla. The Sun Microsystems co-founder will buy the team from Paul Allen's estate.