Emanuel and Shapiro Take Minority Stakes in Raiders, Marking NFL Ownership Debut
TL;DR Summary
Entertainment executives Ari Emanuel and Mark Shapiro are buying small personal stakes in the Las Vegas Raiders to become minority owners as part of a multi-investor deal valuing the franchise at about $9.9 billion; Emanuel will own 1.4% and Shapiro 0.6% after closing later this month, with other investors like Michael Dell, Egon Durban, and Michael Meldman increasing stakes while Mark Davis remains the controlling owner. This marks Emanuel and Shapiro’s first NFL ownership venture.
- Ari Emanuel, Mark Shapiro Are Acquiring Minority Stakes in NFL’s Las Vegas Raiders Variety
- Mark Davis keeps selling off more and more pieces of the Raiders NBC Sports
- Ari Emanuel, Mark Shapiro among new Raiders investors as Egon Durban expands his minority stake Sports Business Journal
- Michael Dell, Ari Emanuel Among Investors in Las Vegas Raiders Bloomberg.com
- Raiders’ ownership group adds TKO execs, expands Davis successor’s control The New York Times
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