We Are Las Vegas

Raiders Add Investors to Ownership Group

The investor group is growing under a five- or six-year plan, with names including Tom Brady and Michael Dell.

Updated on Nov. 5, 2026 in Football

Raiders Add Investors to Ownership Group

Live Poll

Do you think wealthy outside investors help or hurt your local sports team?

Las Vegas residents who follow the Raiders will see the team add a group of high-profile investors as part of a five- or six-year plan, following the franchise's move from Oakland. Owner Mark Davis discussed the strategy on CNBC Sport.

Why it matters

The Raiders' ownership expansion is tied to the team's growth in its Las Vegas home market, which Davis said offered entertainment-driven opportunities a small-market team could not match. The timeline and scope of the investor strategy are set out only in general terms so far.

The figures available are an owner's five- or six-year timeline for bringing in investors, offered in an interview rather than a filing. Specific stake sizes and dollar amounts were not disclosed in the source material.

The players

Mark Davis

Owner of the Las Vegas Raiders, who described the investor strategy and the team's growth plan.

Tom Brady

Former NFL quarterback and the first investor brought into the Raiders' ownership group.

Michael Dell

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

Egon Durban

Silver Lake co-CEO who joined the investor group after Brady.

Joseph Baratta

Blackstone Head of Global Private Equity Strategies who joined the investor group later.

The details

Davis said the Raiders brought in investors sequentially, starting with Tom Brady, followed by Tom Wagner, Egon Durban and Michael Meldman, with Michael Dell, Joseph Baratta, Ari Emanuel and Mark Shapiro joining later. Davis said he hires people with specific expertise, sets their goals and vision, and lets them do their jobs. He tied the need for bigger infrastructure to the team's small-market history and to Las Vegas's entertainment-driven opportunities.

Timeline

  1. The Raiders relocated from Oakland to Las Vegas.

  2. Davis outlined the five- or six-year investor plan in a CNBC Sport interview on November 5, 2026.

Beyond the Strip

The investor expansion builds on the Raiders' 2020 move from Oakland to Las Vegas, extending that relocation into the team's ownership structure. Davis framed the change as a response to the limits of small-market operations, which the move to a larger entertainment market was meant to address.

Valley fans can expect the team's ownership and infrastructure to change over the next five to six years as new investors come in. No specific game-day or ticketing changes were announced in the source material.

The takeaway

The Raiders are building out their ownership group on a multi-year timeline, and the investor roster will be worth watching as it fills in. No specific dates for further announcements were given in the source material.

Further reading

For more on the team's history in its new home, see the Football coverage section.

Source note: This article includes information reported by Sportsbusinessjournal.

Live Poll

Do you think wealthy outside investors help or hurt your local sports team?