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Benzinga
  • 3 hours ago
The NFL approved the sale of a 7% Raiders stake to Egon Durban and Michael Meldman at an $11.1B valuation — up sharply from the $6.5B valuation when they bought a combined 15% in December 2024. Durban also received right of first refusal on Mark Davis's controlling stake, with buyers subject to a 10% flip tax tied to the team's 2020 Las Vegas relocation.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The NFL approved the sale of a 7% stake in the Las Vegas Raiders from Mark Davis to Egon
00:08Durbin
00:08and Michael Meldman at an $11.1 billion valuation, according to CNBC. The buyers will pay a 10%
00:15flip tax to the league under a relocation agreement tied to the team's move to Las Vegas in 2020.
00:21The NFL also granted Durbin the right of first refusal if Davis sells his controlling stake.
00:26Durbin and Meldman previously bought a combined 15% stake in December 2024 at a $6.5 billion
00:33valuation. The Raiders were valued at $9.3 billion in CNBC's 2025 rankings.
00:40For all things money, visit Benzinga.com.
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