Egon Durban will have an option to buy controlling interest in the team.
www.nbcsports.com
Seth Wickersham and Don Van Natta Jr. of ESPN report that NFL owners are expected to vote later this month on a plan that would entail Davis both selling seven percent of the team to Silver Lake co-chief Egon Durban and Michael Meldman and giving Durban the
option to buy a majority interest in the franchise, if/when Davis decides to sell.
The equity sale comes at a valuation of $10 billion. Whether a price for Davis’s controlling interest has been set is not mentioned in the report.