Las Vegas Raiders to Sell 25% Stake to Group Led by Egon Durban

A group led by Silver Lake executive Egon Durban is acquiring 25% of the Las Vegas Raiders, according to people familiar with the matter.

The equity being sold is from minority investors and not controlling owner Mark Davis, said the people, asking not to be named discussing private information. The Raiders’ valuation wasn’t clear. Sportico has the team’s value at $7.9 billion, ranking ninth in the NFL.