Seattle, WA
Who will be the next Seahawks owner? One possible bidder invests in the 49ers
The Seattle Seahawks’ new ownership group may be just like the old one: a team of basketball owners.
In addition to being the first known bidders for the Seahawks, Mittal and Grousbeck were the only names listed on their letter of interest to the Allen Estate. Since Mittal lives in London, Grousbeck would likely be running operations from Seattle and live there part-time, as per Sportico.
But wait, there’s more.
Vinod Khosla, an investor in the division rival San Francisco 49ers, has also been named as a potential buyer. Last year, Khosla was one of a few nearby investors to purchase equity in the 49ers, with the team’s total valuation reaching north of $8.5 billion at the time. The specifics of the individual stakes were not made public, but Sportico reports that Khosla’s was the largest of the group.
The Seahawks are valued at just under $7 billion, but they will likely be sold for more. If Khosla were to purchase the team from Jody Allen, he would obviously need to sell his stake in the Niners. This type of move is becoming increasingly common in today’s NFL, which has seen former Pittsburgh Steelers minority owners David Tepper and Josh Harris acquire the Panthers and Commanders, respectively.
Harris, who bought a controlling interest in the Commanders in 2023, purchased the team from Dan Snyder for over $6 billion, the largest figure for such an acquisition for an NFL franchise. No matter who ends up purchasing the Seahawks from the Allen Estate, Harris’s record will surely be broken.