The Seattle Seahawks Ownership Bidding War Comes Down to These 2 Groups

The race to buy the Seattle Seahawks is narrowing after a report from Front Office Sports that the bidding process is down to two finalist groups.

Other interested parties have been told they are out of the running. With initial bids due June 29 and a potential ownership change targeted before the September 9 season opener, this story is moving quickly.

Here is what we know about the two groups still standing.

Escada - Backstage - September 2018 - New York Fashion Week

NEW YORK, NY - SEPTEMBER 09: President and CFO of ArcelorMittal, Aditya Mittal, Global Design Director of Escada, Niall Sloan, Chairperson and Managing Director of Escada, Megha Mittal and CEO of Escada, Iris Epple-Righi pose backstage at Escada for New York Fashion Week on September 9, 2018 in New York City. (Photo by Nicholas Hunt/Getty Images)

Group One is Led by Aditya Mittal and Wyc Grousbeck

The first of the two groups identified includes Aditya Mittal, a 50-year-old CEO of ArcelorMittal, one of the world's largest steel companies, and heir to one of India's wealthiest families.

His father, Lakshmi Mittal, carries an estimated net worth of $29.7 billion according to Forbes. Aditya contributed approximately $1 billion to the group that purchased the Boston Celtics last year and holds the title of alternate governor with the team.

Alongside Mittal is Wyc Grousbeck, 65, who founded the ownership group that purchased the Celtics back in 2002 and remains part of that organization through 2028 to ensure a smooth transition.

Since Mittal is based in London, Grousbeck would reportedly relocate to Seattle part-time and effectively run the day-to-day operations of the franchise.

There is also reporting that at least one former Seahawks player is involved in one of the two groups. No name has been confirmed yet, but I have a few ideas.

Group Two, Led by Vinod Khosla

The second group is being led by Vinod Khosla, 71, who is the co-founder of Sun Microsystems and current minority owner of the San Francisco 49ers.

Yes, a 49ers investor trying to buy the Seahawks. We will get to the legalities of that is a second.

Khosla bought a 3.1% stake in the 49ers in May 2025 alongside his son Neal, the CEO and co-founder of an AI-assisted telehealth company. His son was also named to Time Magazine's 100 Most Influential People in AI in 2023.

If Khosla successfully purchases the Seahawks, the family would be required to sell their 49ers stake, a mandatory NFL conflict of interest rule.

What Could Still Change

While Front Office Sports reports these are the two frontrunners and that other groups have been told they are out, another bidder emerging is not out of the question.

This sale is not locked, and another completely different group or a single high-net-worth buyer could still come in with a higher offer and change everything.

The $10 billion price tag Ian Rapoport floated in May is still around the benchmark, but $11 billion has been mentioned.

Steve Ballmer, who I expected to be involved from the beginning, has not been named yet. Todd Boehly, co-owner of the Los Angeles Dodgers, is reportedly out of the running.

But the Allen and Company investment bank is still working the process, and the Sun Valley retreat happening this week could produce developments nobody is expecting.

The Seahawks open the season September 9, but the ownership question may be answered before then.

Or it might not.

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