Since Las Vegas Raiders majority owner Mark Davis—who inherited the franchise from his father, Al Davis—doesn’t have any children, there have been some questions about who will take over when Mark passes or decides to sell the team. According to ESPN’s Seth Wickersham and Don Van Natta Jr., an answer could be coming soon.
“NFL owners are scheduled to vote on a Las Vegas Raiders succession plan that gives Silver Lake co-chief executive officer Egon Durban the option to purchase a majority stake in
the team from longtime owner Mark Davis, according to multiple ownership and team executives with direct knowledge of the situation,” Wickersham and Van Natta wrote.
“Although sources close to Davis say he has no intention to sell his majority stake, the vote would mean that if and when Davis, or his heirs, did decide to sell, Durban, a limited partner, would have the option to buy the club. Owners would then have to approve Durban as the new controlling owner, per league rules.”
Along with his private equity firm, Durban is currently a minority owner of the Raiders. He reportedly purchased a 7.5 percent stake in the club back in December 2024, around the same time as Tom Brady. Durban has also been part of the organization’s head coach search over the last two offseasons and has been on the board for Manchester City, a soccer team in the English Premier League.
Wickersham and Van Natta also reported that owners will vote on Davis selling about seven percent of the Raiders to Durban and Micahel Meldman, another limited partner. The vote will be held during the NFL’s annual spring meeting in Phoenix, AZ, which starts in 10 days on March 29.
Davis will turn 71 years old in May and recently inherited his mother’s—Carol Davis—shares of the Raiders after she passed away in late October of last year.
