Breaking: Seahawks have sale agreement--for an NFL-record $9.6B

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The Seahawks have been sold. For a record price. To an investor in their archrival.

The NFL’s Super Bowl champions reached agreement Saturday to sell the Seahawks to a group led by Vinod Khosla, a venture capitalist and co-founder of Sun Microsystems who is a minority investor in the San Francisco 49ers. The deal reportedly is worth $9.6 billion, the richest sale of a franchise in NFL history.

It’s the second-richest sale price for a sports franchise in North American sports history. The Los Angeles Lakers of the NBA sold for $10 billion last year.

The Estate of Paul G. Allen announced the agreement to sell Saturday afternoon.

The agreement is subject to approval from the NFL and league owners in a vote that’s expected in the coming months.

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