Carlyle, Dynasty Equity close minority stakes in the Seattle Seahawks
What's the deal? CarlyleDealroom has a profile for this one. Try Dealroom → and Dynasty EquityDealroom has a profile for this one. Try Dealroom → have closed minority investments in the Seattle SeahawksDealroom has a profile for this one. Try Dealroom →, backing the Khosla family's purchase of the NFL franchise. The National Football LeagueDealroom has a profile for this one. Try Dealroom → approved the investments at a special league meeting on August 26.
Who's involved? Carlyle is a global investment firm with $485 billion in assets under management as of June 30, 2026, spanning private equity, credit, and its AlpInvestDealroom has a profile for this one. Try Dealroom → arm. Dynasty Equity is a sports-focused investment firm co-founded by Jonathan M. Nelson and K. Don Cornwell. Kirkland & Ellis advised both firms.
Why the Seahawks? "Our experience investing in sports in Seattle has given us a real appreciation for the passion of the region's fans," said Ben Fund, a partner at Carlyle.
What's the endgame? Both firms framed the deal as a long-term bet on one of the NFL's most loyal fan bases. "It's a privilege to partner with this iconic franchise and group of world-class investors," said K. Don Cornwell, co-founder and chief executive officer of Dynasty Equity, adding the firm wants to "further our enduring partnership with the NFL."
The signal: The deal marks another step in institutional capital's move into professional sports, with a heavyweight private equity name and a specialist sports investor lining up behind a single NFL team.
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Image credit: Seattle Municipal Archives
