Las Vegas Raiders Reached $13 Billion Valuation

The NFL approved a deal for a 25 percent ownership stake led by investors Egon Durban and Michael Meldman.

Updated on Oct. 9, 2026 in Football

Las Vegas Raiders Reached $13 Billion Valuation

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The Las Vegas Raiders have reached a franchise valuation of $13 billion following the NFL's approval of a significant ownership stake sale. A group led by Egon Durban and Michael Meldman acquired a 25 percent stake in the team, replacing First Football after two decades of ownership.

Why it matters

This transaction reflects the rapidly escalating value of NFL franchises and shifts in minority ownership structures. It marks a transition for the Raiders as they finalize new equity arrangements among high-profile investors and long-term stakeholders.

First Football sold its 25 percent stake at a $9.9 billion valuation, a massive increase from the $700 million paid in 2007. Tom Brady currently holds a 5 to 7 percent share following his $220 million investment in 2024.

The players

Egon Durban

He is a prominent investor who has expanded his ownership stake in the Las Vegas Raiders to 22 percent.

Michael Meldman

He is an investor who serves as a lead figure in the group that acquired a 25 percent stake in the team and now holds 12.9 percent.

Tom Brady

He is a former professional quarterback who became a limited partner in the Las Vegas Raiders with a 5 to 7 percent stake.

First Football

This investment entity served as a long-term minority owner of the franchise for two decades before selling its stake.

The details

Egon Durban has expanded his stake in the franchise to 22 percent, while Michael Meldman now holds a 12.9 percent share. The approval concludes the divestment of First Football, which held its interest for twenty years before this exit.

First Football purchased its initial 25 percent stake in 2007.
Tom Brady acquired his 5 to 7 percent ownership share in October 2024.
The NFL officially approved the group's 25 percent stake purchase in September 2026.

Season Trajectory

This ownership shift solidifies the financial stability of the Las Vegas Raiders within the competitive landscape of the NFL. It follows the precedent set by record-breaking team sales and positions the franchise among the most valuable assets in professional sports.

The ownership changes clarify the long-term governance of the Las Vegas Raiders but do not alter the current active roster or team payroll structure. Fans can note that these valuations reflect institutional investment confidence rather than immediate on-field tactical changes.

The takeaway

The massive jump in the team's valuation highlights the enduring appeal of the NFL as a premium investment asset class. Investors should monitor how increased minority ownership stakes influence league-wide revenue sharing and operational decision-making.