The ownership group buying the Seattle Seahawks could grow well beyond the Khosla family.
Carlyle Group, Dynasty Equity Partners Management, Sixth Street Partners, and former Sequoia Capital managing partner Mark Stevens are all in discussions to join the Khosla-led consortium purchasing the defending Super Bowl champions, Bloomberg News reported July 24. No agreements have been finalized, and Bloomberg cautioned "it's possible no deal is reached in the end."
The talks would bring some of Wall Street's largest private equity firms into the ownership group alongside the Silicon Valley family that struck the original agreement with the Paul G. Allen Estate on July 11. The specific stake sizes under discussion have not been reported.
Who's at the table
Carlyle and Dynasty are discussing a joint bid, according to the Seattle Times, citing Bloomberg's reporting. Dynasty announced in May 2026 that it had partnered with Carlyle specifically to pursue NFL franchise investments, with Pro Football Hall of Fame running back Curtis Martin as a strategic adviser.
Carlyle already has a Seattle sports footprint. The New York-based firm paid a reported $58 million in 2024 to acquire 97% of the Seattle Reign in partnership with the Sounders.
Sixth Street Partners, based in San Francisco, holds a 3% stake in the New England Patriots, the team Seattle beat 29-13 in Super Bowl LX in February. Sixth Street also owns reported shares in the San Antonio Spurs, FC Barcelona, the San Francisco Giants, and the Boston Celtics.
Stevens, now managing partner of S-Cubed Capital, owns a stake in the Golden State Warriors.
The rules
Under NFL ownership rules adopted in 2024, teams can sell stakes to approved private equity firms totaling up to 10% of ownership. Each stake must be at least 3% and held for a minimum of six years. Carlyle, Dynasty, and Sixth Street are all on the league's approved list of four investment firms.
If Carlyle and Dynasty join the Seahawks group, every one of the NFL's four approved PE firms would hold a stake in a club.
NFL rules also require a controlling owner to hold at least 30% of equity, with no more than 25 total owners in a group. A league memo identified Neeru Khosla as the controlling owner and said son Neal Khosla "would be expected to have a significant leadership role." Vinod Khosla, the family patriarch and founder of Khosla Ventures, has no intention of running the team, according to Bloomberg.
What's next
NFL owners are scheduled to vote on the sale at a special one-day meeting Wednesday, August 26, in Atlanta. Approval requires at least three-quarters of the league's 32 owners. The Seahawks hope to close the deal before their regular-season opener against the Patriots on Wednesday, September 9, at Lumen Field.
