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Mark Davis Set to Sell More of the Raiders, Even After Adding Brady, Seymour [Video]

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Latino Entrepreneurs

HENDERSON, Nev.—The Las Vegas Raiders’ Mark Davis recently made a big splash when he added legendary NFL quarterback Tom Brady and defensive lineman Richard Seymour. as minority owners of the Silver and Black franchise.

Per a league source, Silver and Black owner Mark Davis is set to sell, “An additional 15% of the team” he inherited from his father, Al, in 2011.

Per the source, Silver Lake co-CEO and Endeavor chairman Egon Durban is one of the purchasers.

But Durban is not the only one.

According to Ben Fischer of Sports Business Journal, “Also buying into the Raiders alongside Durban is luxury golf resort developer and operator Michael Meldman and his family, with a deal in principle to acquire 7.5% of the Raiders, sources said. Meldman, 66, is the founder of Discovery Land Co. and a Las Vegas resident. If the deal is completed, both Meldman and Durban would hold equal 7.5% shares of the club.”

Despite selling off just over 25% of the team …

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