India, July 12 -- The Seattle Seahawks are set to get a new owner after tech billionaire Vinod Khosla reached an agreement to buy the NFL franchise for $9.6 billion. The deal, first reported by Sportico, would make it one of the biggest sports team sales ever and the most expensive control sale in NFL history. Khosla is buying the reigning Super Bowl champions from the estate of late Microsoft co-founder Paul Allen. The sale still needs approval from NFL owners before it becomes official. According to the Allen estate, the Khosla family will become the team's new controlling owners.

Khosla, who was born in India, co-founded Sun Microsystems in 1982 and later launched venture capital firm Khosla Ventures. Forbes estimates his net worth at...