Ari Emanuel And Mark Shapiro Acquire Individual Ownership Stakes In NFL’s Las Vegas Raiders
Ari Emanuel and Mark Shapiro have acquired minority stakes in the Las Vegas Raiders, marking their entry into NFL ownership. Each will hold less than 10% of the team, which is valued at approximately $9.9 billion. The move comes as the Raiders' majority owner, Mark Davis, has been selling portions of the franchise.
- ▪Ari Emanuel and Mark Shapiro are acquiring individual minority stakes in the Las Vegas Raiders.
- ▪The investments are personal and not connected to their ongoing ventures.
- ▪The Raiders are valued at $9.9 billion amid a surge in sports team valuations.
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Ari Emanuel, Mark Shapiro and the Las Vegas Raiders Getty Images Ari Emanuel and Mark Shapiro are set to join the NFL ownership club, acquiring individual minority stakes in the Las Vegas Raiders. The positions, confirmed to Deadline by a person familiar with the transaction, follow a steady building of their profiles in the sports business via the UFC and other assets. The investments are personal and not connected with their ongoing ventures TKO, WME Holdings or investment firm MARI. After the deals close, as soon as the end of this month, Emanuel and Shapiro will each have stakes of less than 10% in the NFL club. Las Vegas majority owner Mark Davis inherited the franchise after his father, Al Davis, died in 2011. Davis Sr.
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