Egon Durban’s path to majority ownership of the Las Vegas Raiders inches closer as his investment group prepares to acquire an additional 25% stake in the NFL team. The transaction, reported by Bloomberg, will increase Durban’s ownership to nearly 40% of the franchise.
The NFL’s finance committee has already given its approval for the deal. Owners are scheduled to vote on the transaction during the league’s upcoming quarterly meeting next week.
Durban’s group initially gained influence earlier this year when he secured an option to purchase a controlling interest in the Raiders, contingent on Mark Davis deciding to sell. At the time, an unnamed source confirmed to Bloomberg that Davis had no intention of selling the team.
However, Davis later left the door open to the possibility. In an April 2026 interview with Paul Gutierrez of Raiders.com, he stated:
“I don’t have any children or a wife at this time, and so it was prudent to put together a succession plan that would make sure that there were no issues, should something happen to me or should I decide... Should I decide, Durban would likely take over.”
If Durban assumes control, speculation suggests that Tom Brady, the Raiders’ minority owner, could gain greater influence over the team’s football operations. Brady has maintained a low profile since joining the franchise, despite expectations from Davis that he would take a more active role. Some observers believe Brady may eventually shift his focus from off-field ventures to shaping the Raiders’ on-field strategy.