Mark Davis Sells Additional 15% Stake in Raiders Ownership

NFL approval pending as Egon Durban and Michael Meldman join growing list of Raiders investors, including Tom Brady.

Las Vegas Raiders owner Mark Davis has agreed to sell a 15% stake in the team, splitting it equally between Egon Durban, co-CEO of Silver Lake, and Michael Meldman, chairman of Discovery Land Company.
The sale requires approval from 24 of the NFL's 32 owners, with a vote scheduled for a league meeting on December 10-11.
Durban must divest from WME Sports, which represents NFL players like Joe Burrow and Nick Bosa, to comply with league ownership rules.
This follows Davis' October sale of a 10.5% stake to a group including Tom Brady, who holds a 5% share and remains involved in the Raiders' planning despite restrictions tied to his role as a Fox analyst.
The Raiders are struggling this season with a 2-8 record, raising hopes that new investors could help revitalize the franchise's long-term prospects.