Overview
- NFL owners approved the purchase Tuesday in Orlando that reallocated a just‑over‑25 percent block sold by First Football.
- The vote raises Egon Durban’s stake to 22 percent and Michael Meldman’s to 12.9 percent, with the transactions expected to close later this month.
- New high‑profile minority partners joining the group include Michael Dell (about 5.3 percent), Joseph Baratta (about 1.7 percent), Ari Emanuel (about 1.4 percent) and Mark Shapiro (about 0.6 percent).
- Mark Davis remains the controlling owner and has said he is staying, while the NFL‑approved March succession plan gives Durban a right of first refusal to buy a controlling interest if Davis sells.
- Reports value the Raiders at roughly $9.9 billion, which helps explain why private equity, tech and media figures invested and why changes in ownership could shape both the franchise’s business strategy and its long‑term leadership.