NFL approves sale of 7% of Las Vegas Raiders at over $11 billion valuation

Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points The National Football League approved the sale of 7% of the Las Vegas Raiders at an $11.1 billion valuation, according to a person with firsthand knowledge of the deal. The Raiders were valued at $9.3 billion, fourth among the league's 32 teams, in CNBC's Official NFL Team Valuations 2025. The Raiders, picking first in the 2026 NFL Draft, are expected to select quarterback Fernando Mendoza, who won the Heisman Trophy as he led Indiana University to its first national championship. Ashton Jeanty jumps on teammate Daniel Carlson as the Las Vegas Raiders celebrate after Carlson hit a 60-yard field goal against the Kansas City Chiefs with eight seconds left in the fourth quarter of their season-closing game at Allegiant Stadium in Las Vegas on Jan. 4, 2026. The 14-12 win was the Raiders' first against the Chiefs at Allegiant Stadium. Ethan Miller | The National Football League on Tuesday approved the sale of 7% of the Las Vegas Raiders by controlling owner Mark Davis to Egon Durban, the co-CEO of Silver Lake, and Michael Meldman, the founder and chairman of Discovery Land Co., at an $11.1 billion valuation, according to a person with firsthand knowledge of the deal who asked not to be named because the transaction is private. The deal includes a 10% "flip tax" the buyers are paying the NFL, the person said. …