Who Owns Most Of The Raiders? Unpacking The Team's Ownership Structure

Many football fans, perhaps like yourself, often wonder about the people behind their favorite teams. It's a natural curiosity, really, to think about who holds the reins for a storied franchise. When it comes to the Las Vegas Raiders, a team with a very rich and distinctive history, the question of "Who owns most of the Raiders?" brings up a fascinating story that spans generations and includes some very recognizable names in sports, too. As of today, November 28, 2023, the primary owner and the one who really runs the show is Mark Davis.

The Las Vegas Raiders, a professional American football team, have, in a way, captivated the hearts of their loyal supporters for many decades. They are, you know, one of the most recognized names in professional football. This team has gone through some big changes over the years, both on the field and in how it's managed. With the move to Las Vegas, the team, quite naturally, started a whole new chapter.

Just like other teams in the NFL, the Raiders have had a few different owners throughout their long existence. It's actually a pretty common thing for sports franchises to see ownership changes. Learning about who owns the team, their background, and how they got involved gives you a much better picture of the club's direction and its overall journey.

Table of Contents

The Davis Family Legacy: A Long History of Ownership

The story of who owns most of the Raiders really begins with a very influential figure in football history: Al Davis. The Las Vegas Raiders were first set up in Oakland, California, way back in 1960. Back then, they were a member of the American Football League, or AFL. Later on, the team joined the National Football League in 1970, which was a pretty big step for them, as a matter of fact.

Al Davis, a former football coach and executive, became the principal owner of the Raiders in 1972. He held that position for a very long time, until his passing in 2011. During his time, he was, in a way, the driving force behind the team's identity and its many successes. His influence shaped the Raiders in a very significant manner for nearly four decades, you know.

After Al Davis passed away in 2011, the ownership of the team, quite naturally, went to his son, Mark Davis. This transfer of ownership meant that the team remained in the family, keeping a strong connection to its past. It's a pretty unique situation in the NFL, where many teams are owned by large groups or corporations, but the Raiders have this strong family connection.

Mark Davis: The Current Controlling Owner

Mark M. Davis, born on May 18, 1955, is an American businessman and, quite obviously, a sports franchise owner. He is the controlling owner and also the managing general partner of the Las Vegas Raiders. This means he has the main say in how the team is run and, in some respects, makes the big decisions. He also owns the Las Vegas Aces, which is a team in the Women's National Basketball Association, too.

Mark Davis inherited the Raiders from his father, Al, in 2011. Since taking over, he has, in a way, worked to grow the Raiders' brand and also its overall value. One of his most notable business decisions, as a matter of fact, was moving the Raiders to Las Vegas in 2020. This move, you know, ushered in a new era for the team and its fan base.

While Mark Davis is the primary owner and the one who really controls the team, it's important to remember that there are also several minority owners. These individuals or groups hold a stake in the team, but they don't have the same level of control as the managing general partner. Mark Davis, actually, has sold some of these minority stakes in recent years. For instance, he agreed in principle to sell 15 percent of the franchise, according to league sources. He has also sold more stakes since then, with purchases being approved unanimously at NFL winter meetings.

Mark Davis: Personal Details

Here's a quick look at some personal details about Mark Davis, the man who, in a way, leads the Las Vegas Raiders.

Full NameMark M. Davis
BornMay 18, 1955
RoleControlling Owner and Managing General Partner, Las Vegas Raiders
Other OwnershipsOwner, Las Vegas Aces (WNBA)
Inherited FromFather, Al Davis (in 2011)

Tom Brady: A New Face in Raiders Ownership

In a pretty exciting development for the team, Tom Brady, the legendary former quarterback, has joined the ranks of NFL team owners. He officially purchased a minority share of the Las Vegas Raiders, which the NFL announced recently. This move means that Tom Brady can now add "NFL owner" to his already very impressive list of accomplishments, too.

Brady had, in a way, been looking to make the jump into NFL ownership for some time. His purchase with the Raiders, actually, came to fruition after some discussion with Mark Davis. It's a significant addition to the ownership group, bringing in someone with an incredible amount of experience and a very deep understanding of the game from a player's perspective. His presence, you know, could bring a different kind of insight to the team's operations.

This kind of ownership structure, with a primary controlling owner and various minority owners, is quite common across the NFL. It allows for broader investment in the team while still keeping clear leadership. Tom Brady's involvement is, in some respects, a high-profile example of how these ownership groups can be built and expanded.

The Team's Journey: From Oakland to Las Vegas

The Las Vegas Raiders, as a matter of fact, have a pretty interesting history of moving locations. They started in Oakland, California, in 1960. For many years, they were known as the Oakland Raiders. Later, the team also spent some time as the Los Angeles Raiders. This history of relocation is a big part of the team's story and its identity, too it's almost.

The decision to move the team to Las Vegas was a big one, made by Mark Davis. This move, which happened in 2020, brought the Raiders to a brand-new home at Allegiant Stadium in Paradise, Nevada. The team's headquarters are now in Henderson, Nevada. This change of location, you know, was a strategic business decision aimed at growing the team's brand and its financial standing.

The Raiders have, in a way, won three championships throughout their history, with five appearances in championship games. Their journey through different cities and their consistent presence in the NFL speak to the team's enduring appeal and its ability to adapt. The current ownership, led by Mark Davis, continues to shape this ongoing story.

Understanding NFL Ownership Structures

NFL team owners, generally speaking, come in many different forms. Some are very visible, often seen at games and making public statements. Others are, in a way, barely seen, preferring to stay out of the spotlight. The structure of who owns most of the Raiders is pretty typical for an NFL franchise, with a controlling owner and various minority stakeholders.

The NFL has certain rules about who can own teams and how much of a team they can own. For instance, controlling owners were previously only allowed to own major league baseball, basketball, and hockey teams if those teams were in the NFL team's home market, or if they were not located in other NFL cities. These rules help to manage potential conflicts of interest and maintain the integrity of the league.

Mark Davis is, actually, one of the most recognizable owners in the NFL. His direct involvement and his family's long history with the team make the Raiders' ownership story quite distinct. He has, in a way, overseen significant changes for the franchise, including its move to Sin City, which was a pretty bold step.

To learn more about NFL team ownership on our site, you can explore other articles. It's a fascinating subject that shows how these big sports businesses are put together.

Frequently Asked Questions About Raiders Ownership

Here are some common questions people ask about who owns most of the Raiders and related topics.

Who is the current owner of the Las Vegas Raiders?

The current controlling owner and managing general partner of the Las Vegas Raiders is Mark Davis. He inherited the team from his father, Al Davis, in 2011.

Does Tom Brady own part of the Raiders?

Yes, Tom Brady has officially purchased a minority share of the Las Vegas Raiders. This makes him a minority owner of the team, as announced by the NFL.

What is Mark Davis's net worth and source of wealth?

Mark Davis's net worth comes primarily from his ownership of the Las Vegas Raiders, which he inherited from his father, Al Davis. The team's value has grown significantly under his leadership, especially with the move to Las Vegas. For more financial details, you could check out reports from business news outlets like Reuters.

You can also link to this page for more details on the team's history and executive structure.

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