The NFL’s other owners unanimously approved Vinod Khosla and his family’s $9.6 billion purchase of the Seattle Seahawks, making it the most expensive franchise sale on record. The deal gives the technology investor ownership of the reigning Super Bowl champions, although Khosla acknowledged that he has limited knowledge of running an NFL team and intends to learn from the club’s management and other owners.

The article presents the sale as part of a wider shift from teams being owned by football figures and their families to being controlled by wealthy investors from other industries. Khosla, who co-founded Sun Microsystems and founded Khosla Ventures, is reportedly worth $13.7 billion; he said the family would take a long-term approach while trying to sustain Seattle’s success. NFL commissioner Roger Goodell highlighted Khosla’s unusually favourable timing, as he takes over a team with a newly won championship.