Mark Davis: No Plans to Sell

PHOENIX — The future of the Las Vegas Raiders ownership is now officially in place. NFL owners on Tuesday approved a succession plan that gives Egon Durban the option to eventually purchase a controlling stake in the franchise from current owner Mark Davis, according to commissioner Roger Goodell.

Details of the Approved Plan

The agreement, passed during the NFL Annual Meeting, outlines a phased ownership structure:

• Durban and Michael Meldman will acquire an additional 3.5% stake immediately
• A future option for another 3.5% stake is included
• The plan allows Durban the opportunity to eventually pursue majority ownership

Durban already owns 7.5% of the Raiders, a stake he purchased in 2024. Despite the approval, Davis emphasized that nothing changes in the present.

“Nothing. Absolutely everything runs exactly the way it’s been,” Davis said. The 70-year-old owner made it clear he has no intention of selling a controlling interest, noting that the succession plan is a league requirement. Davis also referenced the passing of his mother, Carol Davis, last year, which made formalizing a plan more necessary.

A Family Legacy

The Raiders have been under the Davis family’s control since Al Davis became principal owner in 1972. Al Davis built the franchise into one of the most iconic brands in sports history, winning three Super Bowls and earning induction into the Pro Football Hall of Fame in 1992. Mark Davis has since carried that legacy forward, including relocating the team to Las Vegas in 2020.

Durban’s Role and Background