Overview
- The vote is slated for the NFL’s annual meeting in Phoenix beginning March 29, according to the agenda sent to clubs.
- The proposal would grant Silver Lake co-CEO Egon Durban the option to purchase a controlling interest should a sale be pursued by the Davis side.
- The NFL Finance Committee has approved the option agreement, clearing it for a full ownership vote.
- Owners will also consider an immediate sale of roughly 7% to Durban and Michael Meldman that would imply a franchise valuation near $10 billion.
- A source close to Mark Davis says he does not intend to sell now, and any future controlling-owner change would still require approval by the league’s owners; Durban and Meldman currently hold 7.5% each, with Tom Brady among other minority investors.