The Khosia family ownership group, including Vinod Khosia, has entered into a formal agreement to purchase the defending Super Bowl champion Seattle Seahawks, according to the estate of Paul Allen.
The Khosia family will become the team鈥檚 controlling owner, according to a social media post by the Seahawks on Saturday.
Terms of the agreement were not released and the purchase remains subject to the approval by the NFL.
鈥淲e are honored to be entrusted as the next stewards of the Seattle Seahawks,鈥� Vino Khosia said in a statement. 鈥淲e look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere.鈥�
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