Source link : https://las-vegas-news.com/las-vegas-raiders-hit-11-1-billion-valuation-in-landmark-minority-stake-approval/
A Record-Breaking Deal Emerges (Image Credits: Upload.wikimedia.org)
Las Vegas – NFL owners approved a significant transaction that places the Raiders’ franchise value at $11.1 billion.[1][2] The league greenlit the sale of a 7 percent stake to investors Egon Durban and Michael Meldman, while also endorsing a succession framework that positions Durban for potential future control.[3] This move underscores the surging worth of NFL teams amid booming media deals and stadium investments.
A Record-Breaking Deal Emerges
The approval came during the NFL’s annual league meetings in Phoenix on March 31.[3] Owners signed off on the 7 percent stake transfer, which some reports detailed as an initial 3.5 percent sale with another 3.5 percent to follow soon.[4] This pegs the Raiders’ total value far above prior estimates, like CNBC’s $7.8 billion figure from earlier in the year.
Durban, co-chief executive of private equity firm Silver Lake, and Meldman, founder of Discovery Land Company, emerged as the buyers.[2] The transaction includes a 10 percent “flip tax” paid to the league, a standard for such deals. After completion, Durban’s ownership will climb to approximately 14.5 percent, reflecting his prior 7.5 percent holding from a 2024 purchase.[5]
Egon Durban: The Tech Investor Eyeing NFL Power
Silver Lake’s co-CEO brings deep pockets and sports savvy to the Raiders’ fold. Durban oversees investments in high-profile entities like the U.S. arm of TikTok,…
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Author : Matthias Binder
Publish date : 2026-04-01 20:09:00
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