The owner of the Las Vegas Raiders, Mark Davis, has reportedly agreed to sell a 15 percent stake in the franchise to two prominent investors. According to Tashan Reed of Moneyline, Davis reached an agreement with Egon Durban, co-CEO of Silver Lake and chairman of Endeavor's board, and Michael Meldman, founder of Discovery Land Company. Each investor will acquire a 7.5 percent ownership stake in the Raiders.

This sale may be brought up for a vote during league meetings in Irving, Texas, scheduled for December 10 and 11. However, it is noted that Davis will retain his controlling interest in the team, regardless of whether the sale is approved. For the sale to proceed, at least 24 of the league's 32 owners must vote in favor, which would mark the second instance in recent weeks of Davis selling off a portion of the franchise.

In October, NFL owners sanctioned Davis' sale of a 10.5 percent stake to three investors, including legendary quarterback Tom Brady, who along with Tom Wagner, co-founder of Knighthead Capital Management, each acquired a 5 percent share. Meanwhile, former NFL players Richard Seymour, a Hall of Fame defensive lineman, purchased a 0.5 percent stake. Mark Davis, who has presided over the Raiders since taking control after his father, Al Davis, passed away in 2011, has seen mixed success during his tenure, as the team has had only two playoff appearances since their last Super Bowl run in 2002. With a current season record of 2-8, the Raiders appear to be heading toward a challenging campaign, which could prompt opportunities for future drafts aimed at securing top quarterbacks.