Raiders Franchise Value Has Hit $13 Billion
The NFL approved a major ownership shuffle this week as a group acquired a 25 percent stake in the team.
Updated on Oct. 9, 2026 in Football
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The Las Vegas Raiders have reached a $13 billion valuation following the NFL's approval of a significant ownership stake sale. A group led by investors Egon Durban and Michael Meldman acquired a 25 percent interest in the franchise from First Football.
Why it matters
This transaction reflects the massive growth of the team's worth since moving to the valley and the ongoing turnover in the organization's minority ownership. Investors and fans are watching these shifts as the team solidifies its financial standing in the league.
The Raiders now hold a $13 billion franchise valuation, a sharp increase from the $3.5 billion benchmark recorded in October 2024. First Football, which originally bought a 25 percent stake for $700 million in 2007, just exited that position at a $9.9 billion valuation.
The players
Las Vegas Raiders
The professional football team based in the Las Vegas Valley.
Egon Durban
An investor who expanded his ownership stake in the team to 22 percent.
Michael Meldman
An investor who holds a 12.9 percent stake in the team.
Tom Brady
A minority shareholder who purchased an individual stake in the team in 2024.
First Football
The investment entity that sold its 25 percent stake after two decades of ownership.
The details
The NFL approved the purchase of the 25 percent stake by the investment group, which resulted in Egon Durban expanding his ownership to 22 percent and Michael Meldman reaching a 12.9 percent share. This change marks the end of a two-decade hold by First Football. The deal follows other recent equity changes, including Tom Brady's individual investment of approximately $220 million for a 5 to 7 percent share last year.
Timeline
2007: First Football purchased its 25 percent stake.
October 2024: Tom Brady invested $220 million for his share.
September 2026: The NFL approved the 25 percent group stake purchase.
Beyond the Strip
This valuation growth follows the trajectory established by the 2020 relocation of the Raiders to Las Vegas. The deal confirms the franchise's rapid appreciation in the local market since the team began playing at Allegiant Stadium.
These ownership changes do not impact daily stadium access, game-day traffic, or ticket prices for valley residents. Fans should continue to monitor upcoming home game schedules for any changes to parking or stadium entry procedures.
The takeaway
The Raiders' valuation has surged to $13 billion as a new investor group takes a larger share of the franchise. Keep an eye on local reports for future updates regarding team operations and any potential changes to stadium management policies.
Further reading
For more updates on local sports business, visit Football.
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