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Seattle Seahawks Sold to Vinod Khosla for $9.6 Billion

· Yahoo Sports

Seattle Seahawks Sale Khosla GettyKhosla wins the Seattle Seahawks sweepstakes to become the latest owner of the franchise. GettyIt still remains to be seen how involved of an owner Khosla will be. Getty

On Saturday, the Seattle Seahawks completed their ownership sale sweepstakes by selling the franchise to Vinod Khosla’s group for $9.6 billion. Khosla formally had a minority stake in the San Francisco 49ers. Its exists as one of the biggest sales of a sports franchise. Per Forbes, Khosla’s net worth equals around $13.7 billion.

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The Khosla family released a statement: “We are honored to be entrusted as the next stewards of the Seattle Seahawks. We look forward to building on the winning legacy Paul Allen created and to earning the trust of the Seahawks organization and fans everywhere”

On Thursday, it was reported that the group led by Aditya Mittal appeared to be the front runner in negotiations. However, these business deals clearly can change in the blink of an eye. Reports about the structure of the sale are not yet known. This week also showcased the Allen & Co. business retreat. Allen & Co. are the bank employed by the Seattle Seahawks to help expedite the sale of the franchise.

After the death of former owner Paul Allen, his sister, Jody, assumed acting control of the organization to facilitate the eventual sale. She also helped with the sale of the Portland Trail Blazers. All of the proceeds for the sale will go to charitable endeavors. Under her leadership, the Seahawks won the Super Bowl last season to help get the franchise back into a great state.

Seattle Seahawks Sale Completed; Vinod Khosla’s Group Wins

GettyKhosla wins the Seattle Seahawks sweepstakes to become the latest owner of the franchise.

Khosla is the co-founder of Sun Microsystems. He moved to the United States to study at Stanford, where he received an MBA. In 1982, Sun Microsystems launched and he served as the company’s original CEO. He then entered the world of venture capital, joining Kleiner Perkins. Khosla opened Khosla Ventures in 2004, where he had involvement with Affirm, Opendoor, and Doordash. All of those companies became public eventually.

Khosla and his son, Neal, bought shares into the San Francisco 49ers last year. While this news may alarm Seahawks fans, it is not unusual for owners to have previous involvement in a minority stake. David Tepper, Carolina Panthers owner, and Josh Harris, Washington Commanders owner, had shares of the Pittsburgh Steelers before becoming majority owners of their franchises.

Well… What Happens Now?

GettyIt still remains to be seen how involved of an owner Khosla will be.

With the sale of the Seattle Seahawks now completed, what happens now? There are still some steps that need to occur before the sale can be finalized. On August 26th, a league meeting occurs where the sale will receive a vote for approval. The NFL Finance Committee will review the arrangement before the rest of the NFL ownership views the sale. 24 of 32 owners will have to approve the sale for it to materialize. As the Seahawks set to appear on HBO’s Hard Knocks, surely this saga will unfold. Since so many of the details behind the scenes were hidden for months, it will be fascinating to see what comes out in the future.

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Switzerland coach rips Breel Embolo red card decision: 'Rule destroyed our game'

· Yahoo Sports

KANSAS CITY, MO — Switzerland coach Murat Yakin ripped the referee for the decision to give Breel Embolo a second yellow card for simulation after a VAR check, forcing the Swiss to play the rest of the World Cup quarterfinal against Argentina with 10 men.

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The Swiss striker left the field sobbing after he was shown the red card in the 72nd minute. The game went to extra time, and Argentina won 3-1.

"In my opinion, it was a harmless foul. If it even was a foul," Yakin said through a translator. "This rule destroyed our game today and it was incredibly painful. To be eliminated that way hurt a lot."

Argentina's Leandro Paredes was initially given a yellow card for a tackle from behind. But VAR official Guillermo Pacheco informed referee João Pinheiro that he believed the yellow card should have gone to Embolo for simulation instead.

Replays clearly showed Embolo went to the ground without being touched by Paredes. Embolo actually kicked at Paredes as he was falling.

"The red card, we were punished because of a rule that in my opinion is completely unacceptable. I don’t understand," Yakin said. "It's very painful we were eliminated that way. I don't think we deserved that today."

Because Embolo already had a yellow card from the first half, the second yellow became a red and he was ejected from the game.

"You can imagine how he’s doing," Yakin said. "I don’t blame him at all. That would be absurd."

Switzerland had momentum before Embolo was ejected, scoring the equalizer in the 67th minute. But they weren't able to maintain that, and Argentina scored twice in extra time to advance to the semifinals for the second consecutive World Cup.

"We’re not going to move to the semifinals but I think that we deserved to be there," Yakin said. "I think we were much better in the course of the game and momentum was on our side. ... When you play in a stadium that is filled with mostly Argentina fans, it is so great we were able to dominate."

There have been suggestions throughout the World Cup that referees are intentionally making calls to favor Argentina. Yakin had dismissed that notion ahead of the game with Argentina and, despite his anger over the red card, did so again after the quarterfinal.

"I wouldn’t say that they are being favored. We had a very fair and open match," Yakin said. "Both teams played football and, unfortunately, we didn’t come out on top today. (But) it's very clear football didn’t come out on top.

"It was a very harmless foul and a yellow card was awarded," he added. "VAR interfered."

This article originally appeared on USA TODAY: Switzerland coach rips Breel Embolo red card decision: 'Rule destroyed our game'

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Wimbledon men’s final pick: Alexander Zverev vs. Jannik Sinner prediction, odds, best bet

· NY Post

Alexander Zverev is in the form of his life, but he's still a massive underdog against Jannik Sinner.

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