In 2015, Mark Davis’ Raiders was worth $1.4 billion ranking 31/32 of the NFL teams. Today, the team is worth $3.6 billion. How did their value skyrocket overnight?
Mark Davis owns the Raiders. The Raiders own the $2 billion Allegiant Stadium through a subsidiary called StadCo. By adding the value of the stadium to their books, Mark Davis doubled his team’s value.
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