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Group led by Egon Durban to buy 25% of Las Vegas Raiders at $9.9 billion valuation, sources say

CNBC · May 14, 2026, 10:02 PM

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  • The people asked not to be named because the matter is private.
  • The deal is subject to league approval at the NFL owners meeting next week.

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First Football, the largest minority shareholder in the NFL's Las Vegas Raiders, is selling its 25% stake in the team to a group led by Egon Durban at a $9.9 billion valuation, according to a person familiar with the deal, who asked not to be named because they are not authorized to speak about the private transaction publicly.

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