Tech billionaire Vinod Khosla is reportedly preparing a blockbuster bid to acquire the Seattle Seahawks. This move could see him give up on his minority stake in the San Francisco 49ers.

The Seahawks are valued at over $10 billion. It places Khosla among other prominent investors vying for the NFL franchise, others being Aditya Mittal and Wyc Grousbeck.

The sale process is reportedly progressing rapidly according to an NFL insider, and a deal could happen in August.