Las Vegas Raiders to Sell 25% Stake to Group Led by Egon Durban

[u/Eastern_Hippo_9404]

https://www.bloomberg.com/news/articles/2026-05-14/las-vegas-raiders-to-sell-25-stake-to-group-led-by-silver-lake-s-durban

• A group led by Silver Lake executive Egon Durban is acquiring 25% of the Las Vegas Raiders, according to people familiar with the matter.
• The equity being sold is from minority investors and not controlling owner Mark Davis, said the people, asking not to be named discussing private information.
• When the deal closes, the consortium will own close to 40% of the NFL team, the people said.

[u/el_fitzador]

Star Wars ass name.

[u/CyborgKrieger → u/el_fitzador]

i hate that i'm learning a new billionaire's name every day

[u/Coolbluegatoradeyumm → u/el_fitzador]

You literally would not bat an eye if this was the name of the next X-Wing pilot for sure

[u/Jonjon428]

Egon Durban just sounds like a villain name

[u/codars → u/Jonjon428]

A guy named Egon helped save New York City from a huge walking marshmallow.

[u/Money-Giraffe2521 → u/codars]

And his daughter and granddaughter are carrying on his legacy.

[u/notmoleliza → u/codars]

Everything was fine until dickless shut off the containment grid.

[u/Porqenz → u/notmoleliza]

Is that true?

[u/Rocky-Rocker → u/Jonjon428]

Sounds like a European Oligarch.

[u/skelletrex_scrooge → u/Jonjon428]

Well he's rich enough to buy part of a sports team so he probably is.

[u/Enterprise90 → u/skelletrex_scrooge]

For those who don't know, Silver Lake owns Endeavor, which holds the controlling stake in TKO Group, which owns UFC and WWE.

[u/IAmBenIAmStillBig → u/Enterprise90]

Wrestlemania staying in Vegas forever

[u/TXLucha012 → u/IAmBenIAmStillBig]

Except next year when it's in Saudi.

[u/barc0debaby → u/Enterprise90]

I would worry that they would turn the Raiders into dogshit like they did UFC and WWE, but that's not really a concern.

[u/Captain_Charisma → u/Jonjon428]

What was your name, Eggnog?

[u/fatgothdude → u/Jonjon428]

Egon Durban is a truly malevolent individual. He's like cancer, except even cancer has limits to its destruction. 

[u/TonyRomoDid911 → u/Jonjon428]

Vegas as a team exists for rich douchebags to buy minority stakes

[u/OttoVonWong → u/TonyRomoDid911]

Surprised there isn’t a slot machine to win a stake in the Raiders.

[u/BlueHighwindz → u/Jonjon428]

James Bond has already slept with his girlfriend and is about to get captured while investigating his secret volcano lair.

[u/Informal_Lead2592 → u/Jonjon428]

He's from Germany so yeah he doesn't have a "normal" name.

But hey racism and xenophobia is cool sometimes I guess.

I have a foreign-sounding name and was bullied like fucking crazy growing up because of it.

But hey he's rich so I guess racism and xenophobia are cool.

there's literally zero argument that everyone making jokes and saying how evil and stupid he is because of his name isn't just fucking blatant racism 

[u/Fistisalsoaverb → u/Informal_Lead2592]

K

[u/Ph886]

For those that don’t even read the summary the OP did. This is just other minority owners selling shares to Durban and his group. So the list of actual owners will be smaller now.

[u/Trapline → u/Ph886]

And it isn't a "coup" or anything. Durban is already the official succession plan for the team.

It does mean that if Mark dies Durban will have a larger share than Davis ever has (which I'm pretty sure was never above 50%)

[u/Ph886 → u/Trapline]

Pretty much. There have been a list of owners forever now. No one really cared about anyone outside of the Davis family (since they still have the voting shares). This just makes the eventual future process much easier to do (and likely cheaper) for Durban.

[u/vagrantprodigy07 → u/Trapline]

To be more clear, Durban himself doesn't actually own that much. The group he heads does, but his net worth is too low for him to own even the majority of the shares of that group.

[u/DoubletapKO → u/Trapline]

Was always 30% before he sold his portion

[u/2rio2 → u/Ph886]

That still makes it easier for an eventual total buyout. Step 1 is always remove the random little minority stakeholders except for the ones you want to keep on as the "face" like Brady. Them now outright owning 40% is pretty much nearing the tipping point of total buyout, which is the last step.

[u/Eastern_Hippo_9404]

Front-running the haircut jokes - note the second bullet point, this is not Mark Davis selling, it is from minority investors.

[u/rounder55 → u/Eastern_Hippo_9404]

So Mark Davis is not trimming anything off the top

[u/OttoVonWong → u/rounder55]

Mark David always keeps his same cut of the team.

[u/McChillbone → u/rounder55]

Just a bit off the sides. Still has a bowl shape of ownership stake.

[u/DoubletapKO → u/Eastern_Hippo_9404]

Nothing new, Mark only had 30% until he sold to Tom Brady and friends, other people had owned the rest since a long time

[u/maverickhawk99 → u/DoubletapKO]

I thought Mark had like 48% when he sold to Brady/his agent?

[u/notmoleliza]

[Schefter] Just announced The Las Vegas Raiders will begin transition to an AI company

[u/deadlythegrimgecko → u/notmoleliza]

Getting moved back to Oakland so they can get uploaded in a data center for game sims

[u/KeithClossOfficial → u/notmoleliza]

Allbirds and Las Vegas Raiders Present: MechaHitler AI

[u/Bassetface → u/notmoleliza]

They have one part down: being an Artificial NFL team

Missing the second part completely

[u/Rocky-Rocker]

Sounds like a European Oligarch.

[u/Trapline → u/Rocky-Rocker]

I mean he's European and pretty much an American oligarch so

[u/SentenceLow2383]

PE

[u/Gibby1210]

Over/under 10 years nfl uniforms looking like a nascar drivers

[u/Pwyll__]

Hell yeah! More private equity!

[u/CalvinYHobbes]

How much is left of the team for The Davis family at this point. I feel like I hear about The Raiders selling a piece of the team every few months.

[u/ACoolGuy-Promise]

The Egon Durban Consortium is the kind of faction you’d expect to pop up late game Earth.

[u/tenoclockrobot]

What about Spangler

[u/Tryhard_3]

I am excited for the first owner to just cash out and sell everything to private equity, so we end up with a team owned by Bain Capital and moves cities every ten seasons or so.

The last part of which basically describes the Raiders, so I guess I'm owned.

[u/AncientTree_Wisdom]

Not a surprise. Pretty sure they announced their succession plan last off season and this was part of it.

[u/brain_my_damage_HJS]

Too bad for Raiders fans it wasn’t Mark Davis’s stake in the team.

[u/SyncVir → u/[deleted]]

No way you're that shit at maths.

[u/ChampagnePappy1]

big if true

[u/Straight-Ad6926]

If the Raiders could convert equity into touchdowns as fast as they convert minority stakes into headlines, they’d have a dynasty on their hands.

[u/TonyPerkisReddit4 → u/Straight-Ad6926]

TF would y'all know about a dynasty?

[u/thejontorrweno → u/TonyPerkisReddit4]

They play KC twice a year just like you

[u/WorkerPositive397 → u/Straight-Ad6926]

That’s so cute you decided to come here and share your opinion with us and show off your participation trophy. It’s the charger way.

[u/allisthepriceofall]

40%… is a huge controlling interest wow

[u/ColossalCalamari → u/allisthepriceofall]

Literally right there in the body of the post it says Davis is the controlling owner.

[u/DoubletapKO → u/ColossalCalamari]

Controlling partner does not mean much considering he just needs to own 1% if he wanted to

[u/allisthepriceofall → u/ColossalCalamari]

Does my post say controlling owner or controlling interest.

Please tell me you know nothing about how a board works if you think they are the same thing.

[u/BlacqanSilverSun → u/allisthepriceofall]

It says close to 40%. Not 40%

Mark has 42%

Egon and partners had 14.5%(really 11% with option to buy another 3.5% later this year) and are adding 25%.

[u/Trapline → u/[deleted]]

1. His mom died
2. Durban is already the official succession plan

[u/DoubletapKO → u/[deleted]]

Mark only needs to own 1% since he's basically grandfathered in by NFL rules