The Raiders are looking to add two more part-owners.
Owner Mark Davis has agreed to sell 15 percent of the team equally to Egon Durban, co-CEO of Silver Lake and chairman of the Endeavor board, and Michael Meldman, chairman of Discovery Land Company. The Athletic reported Wednesday night..
The NFL Finance Committee could bring the sale up for an approval vote at a special league meeting in December, which would require the approval of at least 24 NFL owners, according to reports.
Nevertheless, According to Sports Business JournalDurban must follow league rules and remove itself from WME Sports, which represents NFL players such as Joe Burrow and Nick Bosa.
The outlet reports that if the sale is approved, Durban will respond within the month.
The pending move comes just over a month after NFL icon Tom Brady became part of an ownership group acquiring a 10 percent stake in the Las Vegas franchise.
Mr. Brady owns 5% of the Raiders' group stock.
Former Patriots star Richard Seymour also bought a less than 1 percent stake. CNBC reported in October.
Brady, part-owner of the Raiders and Fox's No. 1 football analyst, is subject to restrictions inside the broadcast booth, especially from visiting team facilities with the team, players and coaches before games. is not recognized. This has become common knowledge in NFL broadcasts.
Initial reports said Brady would not be allowed to criticize officials in the booth due to ownership, but the league Revealed in Sports Business Journal Early this month.
Brian McCarthy, the league's vice president of communications, said Brady was able to make comments that were within the bounds of common sense and that they were not “deeply critical.”
Although Brady's playing days are over, Davis said in October that the future Hall of Famer would be a big help to the team.
“Even though Tom can't play, I think he could help pick quarterbacks in the future and give us some training,” Davis said.
