Raiders Add Investors in Five-Year Growth Plan

Owner Mark Davis says the Las Vegas-based team is bringing in new investors as part of a five- or six-year strategy.

Updated on Nov. 5, 2026 in Football

Raiders Add Investors in Five-Year Growth Plan

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Raiders owner Mark Davis said the team is adding investors as part of a five- or six-year plan following its move from Oakland to Las Vegas. The group includes Tom Brady, Tom Wagner, Egon Durban, Michael Meldman, Michael Dell, Joseph Baratta, Ari Emanuel and Mark Shapiro.

Why it matters

Davis said the franchise needed larger infrastructure because it operates as a small-market team, and Las Vegas offered entertainment-driven opportunities. Bringing in outside investors with specialized expertise is central to that expansion.

Davis's plan spans five or six years, a timeframe he has tied to building the team's infrastructure after the Oakland-to-Las Vegas move. The stub provides no revenue, valuation, or stake figures for the new investors.

The players

Mark Davis

Owner of the Las Vegas Raiders who oversees the franchise's ownership and investment strategy.

Tom Brady

Retired NFL quarterback and seven-time Super Bowl champion who was the first investor brought into the Raiders' ownership group.

Egon Durban

Co-CEO of private equity firm Silver Lake who joined the Raiders' investor group after Brady.

Michael Dell

Founder of Dell Technologies who joined the Raiders' investor group later in the recruitment process.

Ari Emanuel

Executive at TKO Group who joined the Raiders' investor group later alongside Mark Shapiro.

The details

Investors were added sequentially, beginning with Brady, followed by Durban and Meldman, with others such as Dell, Baratta, Emanuel and Shapiro joining later. Davis said he hires people with specific knowledge and gives them goals and a vision while letting them do their jobs.

Raiders relocated from Oakland to Las Vegas.
Davis discussed the investor strategy on CNBC Sport on November 5, 2026.
Investor recruitment is planned over a five- or six-year period.

Season Trajectory

The Raiders' ownership expansion comes as franchises increasingly bring in outside capital from private equity and entertainment executives. Davis's five- or six-year timeline signals a long-term build rather than a short-term roster move.

The new investor group could affect the franchise's long-term financial capacity for stadium and operational decisions. For Raiders fans, the ownership changes signal how the team plans to grow over the next five or six years.

The takeaway

Franchise growth increasingly depends on outside investors with business expertise, and the Raiders' phased recruitment shows how that process can unfold over several years.