Egon Durban’s Raiders Stake To Increase

Bloomberg reports the Durban-fronted group which already had a small stake in the Raiders is set to purchase an additional 25% of the franchise. Once the deal is finalized, the collection of owners led by the Silver Lake co-CEO will own a 40% stake. Durban alone will not be responsible for that amount, but this news points further toward him eventually taking on the role of controlling owner.

For now, that title still belongs to Davis. As a legacy owner, Al Davis‘ son is only required to hold a 20% stake to maintain his controlling interest. Even after the Durban purchase formally takes place, Davis will still control roughly 30% of the franchise. The NFL’s finance committee has already given the green light for the deal, which owners are set to vote on next week.

Davis has indicated the changes with respect to ownership stakes will not alter how the Raiders operate. The 70-year-old has held a controlling stake since Al’s passing in 2011. That is set to continue for the foreseeable future, but a firm succession plan has been instituted for whenever an ownership change takes place.

Durban and Discovery Land Co. founder Michael Meldman each bought a 7.5% stake in the Raiders late in 2024. Their respective roles in the franchise may not undergo a significant change once this latest purchase goes through, but the potential for larger influence down the road will increase.