McDermott represents multiple participants in the Khosla-Led ownership group to acquire Seattle Seahawks for $9.612 billion

McDermott Will & Schulte was proud to represent multiple participants, including Mark Stevens and Sheryl Sokoloff, in the ownership group formed by the Khosla family to acquire the Seattle Seahawks, the reigning Super Bowl Champions, in a $9.612 billion transaction, the new record for an NFL franchise. For more information see the press release Seattle Seahawks Sale To The Khosla Family Is Complete.

The transaction closed on September 3 after approval by the NFL on August 26.

The McDermott team was led by Tom Conaghan, Julie Kwon, Patrick McCurry and Greg Berson with substantial assistance from Kristine Suh, Peter Tucci, Dan Hatten, Tommy McGee and Nick Walters.

About McDermott Will & Schulte’s Sports Group

For more than 30 years, McDermott Will & Schulte has represented owners, investors, agencies, players and their business entities, teams, and sports venues around the world in various leagues, including the Association of Tennis Professionals (ATP), Major League Baseball (MLB), Major League Soccer (MLS), National Basketball Association (NBA), National Hockey League (NHL), National Football League (NFL), and PGA TOUR, handling their most critical matters. Our award-winning sports practice has been recognized in Chambers, Legal 500, and as Law360’s 2026 Practice Group of the Year (Sports & Betting), underscoring our leading position in the industry. The top-tier M&A, tax, and estate planning lawyers on our team have experience handling individual investments in teams; the purchase and sale of franchises; critical real estate, intellectual property, endorsement, and media rights deals; employment matters; and tax and private client planning for players and their families. We deliver a client-centric approach while solving your most complicated matters in the rapidly evolving sports world.