Exclusive | Mark Davis shares his vision for Raiders unique ownership group including Tom Bradys role
NEW YORK — Mark Davis has added more than investors to the Raiders.He believes he has assembled a group of partners whose experience, resources and distinct areas of expertise can help the franchise build something that lasts.Tom Brady is the most recognizable face.But the broader group represents a significant expansion of the knowledge and financial strength available to the organization.“Each one has their own wheelhouse,” Davis said during an exclusive interview with The California Post at the NFL owners meetings.“It’s powerful, it’s exciting.
And we’re all friends.”The additions include Silver Lake co-CEO Egon Durban, Discovery Land Company founder Michael Meldman, Knighthead Capital founder Tom Wagner, TKO executives Ari Emanuel and Mark Shapiro, Dell Technologies founder Michael Dell and Blackstone executive Joseph Baratta.In addition, the Raiders brought on Sandra Douglass Morgan as the club’s president in 2022.Davis views Douglass Morgan as a key component in the new leadership structure.Durban is now the Raiders’ largest minority stakeholder and holds the official right of first refusal to purchase Davis’ controlling stake.Together, the partners bring backgrounds in technology, finance, entertainment, real estate and sports.
Davis sees their different perspectives as assets for a franchise whose revenue-generating power has grown substantially in Las Vegas.That business strength matters to the football operation, too.The salary cap limits spending on players, but cash remains essential to managing signing bonuses, funding contractual obligations and investing in the people and facilities surrounding the roster.“The more cash that the team can produce, the better position that we’re in for putting together a roster and things like that,” Davis said.From a cash standpoint, the Raiders are as strong as they have ever been, in part due to their move from Oakland to Las Vegas, which was approved by NFL owners in 2017.The Raiders’...