The UFC has called Las Vegas home for decades and now the owners behind the promotion are investing serious money into the hometown Las Vegas Raiders.
At the NFL league meetings this week, TKO Group Holdings CEO Ari Emanuel and TKO president Mark Shapiro were both approved as minority shareholders in the Raiders.
Emanuel bought in for 1.4% and Shapiro at 0.6%.
The overall evaluation of the Las Vegas Raiders is reportedly $9.9 billion.
Mark Davis, who inherited the team from his father and legendary owner
Al Davis, still maintains overall control of the team with approximately 30% ownership, which is the minimum the NFL requires for the designated controlling owner.
Perhaps the more interesting part about the new shareholders investing in the Raiders is Silver Lake Financial CEO Egon Durban’s stake in the team growing from 11% to 22% interest. He’s widely been identified as Davis’ successor should he decided to sell the team and Durban has first right of refusal should that ever happen.
Durban’s name isn’t as widely associated with the UFC as Emanuel and Shapiro but he’s technically the largest investor in the company after he helped Endeavor go from public to private in 2025. Endeavor remains the largest single shareholder in TKO Group Holdings, which is still a publicly traded company.
As such, Durban is the chairman of the board of directors at Endeavor Group Holdings and he also holds a seat on the board for TKO Group Holdings as well.
In addition to his interest in potentially becoming an NFL owner, Durban’s company Silver Lake is also a major investor in the Manchester City soccer team after making an $500 million investment back in 2019.
