NFL owners to vote on Raiders plan $10B value
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- NFL owners will vote at the league’s annual meeting in Phoenix starting March 29 on a succession plan that gives Egon Durban the option to purchase a majority stake in the Las Vegas Raiders from Mark Davis.
- NFL owners will also vote on the sale of roughly 7 % of the Raiders to Egon Durban and limited partner Michael Meldman, a transaction that would value the franchise at nearly $10 billion.
- The league’s finance committee has already approved the option agreement with Egon Durban, according to two sources with direct knowledge.
- Mark Davis has publicly stated he has no intention of selling his majority stake, and a source close to him described the plan as a “smooth succession plan.”
- Egon Durban has owned 7.5 % of the Raiders since December 2024, when owners approved a 15 % sale to him and Michael Meldman.
- Silver Lake, the private‑equity firm co‑run by Egon Durban, also holds stakes in Madison Square Garden Sports and Fanatics Collectibles, indicating broader sports‑industry interests.
Why it matters: By approving Durban’s option and the 7 % stake sale, the league could shift the Raiders’ control to a tech‑focused private‑equity firm and set a near‑$10 billion valuation, altering the franchise’s ownership dynamics while preserving Davis’s current majority stake for now, at least for the next decade.
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