“We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.”

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.