Las Vegas Raiders News & Rumors

Egon Durban, Michael Meldman Have Deals In Place To Purchase Raiders Stakes

DECEMBER 7: Vincent Bonsignore of the Las Vegas Review-Journal notes the Raiders deals will indeed be on the agenda at the upcoming league meeting. Full ratification could therefore take place soon.

NOVEMBER 21: Earlier in 2024, the deals allowing Tom Brady, Tom Wagner and Richard Seymour to purchase a total of 10.5% of the Raiders was approved. Agreements are now in place for two more minority owners to join the organization.

Silver Lake co-CEO and Endeavor board chairman Egon Durban has a deal with Raiders controlling Mark Davis, as first reported by Ben Fischer of the Sports Business Journal. Durban will be joined by Discovery Land Company founder and chairman Michael Meldman provided their purchases are formally approved. Each will acquire a 7.5% stake should the deals go through.

Davis will still maintain control of the organization in the event the Durban and Meldman purchases receive approval. At least 24 of the league’s 32 owners will need to give the deals the green light, something which could happen during the NFL’s special league meeting next month. The finance committee has already reviewed the terms of the agreements, Vic Tafur of The Athletic notes (subscription required). A recommendation for approval could pave the way to the ownership group at large finalizing the deals.

One potential issue on that front is the fact that Endeavor has a sports agency arm called WME Sports. Durban owns a stake in the company, which has (among other athletes) NFL players as its clientele. By rule, NFL owners cannot also represent players or coaches; as a result, Durban will need to divest from WME as a condition of his Raiders purchase being approved. Fischer reports Durban has given assurances to the NFL that such a move will take place within four months of the deal being going through.

“WME Sports’ football group continues to operate business as usual, and we are prepared for various scenarios as it relates to our football representation business, which is thriving,” a company statement reads. “Our priority remains creating growth and opportunity for our clients and partners.”

Durban and Meldman’s purchases will come in part from Davis’ equity in the Raiders, as well as from the Boscacci and Lovingfoss families, descendants of some of the franchise’s original investors. Full financial terms are not known, but Fischer reports the deals will check in at a “much higher price” than the ones Brady, Wagner and Seymour paid for their shares (which valued the franchise at $3.5 billion).

Mark Davis has been in place as the Raiders’ controlling owner since his father Al passed away in 2011. The 69-year-old is set to remain in his current capacity for the foreseeable future, but further additions to his ownership group could be coming soon.

Bill Belichick Interviewed For North Carolina HC Job; Latest On NFL Interest

This season marked Bill Belichick‘s first out of the NFL since 1974. The legendary HC-turned-media mainstay has only served as a full-time coach in the NFL ranks, moving from assistant positions in Baltimore, Detroit, Denver and New York to his two HC roles (Cleveland, New England). It is widely known the recently fired Patriots leader is eyeing a jump back into the league.

An unusual development may well have taken place in the meantime. Belichick interviewed for the North Carolina head coaching job, according to 247Sports.com’s Grant Hughes. Considering the instability in the college ranks right now, along with Belichick’s exclusive ties to the NFL over a near-five-decade span, it would be borderline shocking if he made his coaching return to that level. NFL.com’s Ian Rapoport confirms the North Carolina meeting.

Discussions have occurred over a several-day period, Sports Illustrated’s Albert Breer and Pat Forde report. Belichick is the son of a longtime college coach. His father, Steve, was an assistant at Navy for 34 years. Steve Belichick also spent three seasons (1953-55) as an assistant at North Carolina. While the NFL lifer bowing out of a second NFL derby to coach the Tar Heels 70 years after his father did would be unexpected, it is a key coaching storyline to monitor right now. Belichick indeed still would likely prefer the pros, per Breer, though he has done extensive research on the current college game.

[RELATED: Ex-Belichick Lieutenants Ready To Rejoin Him At Next Job?]

Belichick, 72, has been tied to the Giants and Cowboys and has connections to Jaguars ownership, further clouding Trent Baalke‘s Jacksonville future. All three jobs may soon be available, and while Belichick has an advantage on candidates employed by teams presently, he would need to wait on those three jobs. The Bears, Jets and Saints are the only teams that can interview Belichick now.

Coaches still on staff elsewhere must wait until after the wild-card round to interview, while unattached candidates can start early. Though, Belichick is almost definitely not returning to the Jets due to a long-adversarial relationship. Unless the Bears and Saints show interest, Belichick will need to wait until the offseason carousel starts.

North Carolina fired its two-time HC Mack Brown recently, and Steelers OC Arthur Smith came up as a target. Smith rebuffed Tar Heels interest, as a potential second chance as an NFL leader awaits. Belichick taking the meeting is certainly interesting, and he would obviously raise the ACC program’s profile. That said, Belichick’s age and the unstable landscape of Division I sports right now stand to generate roadblocks. The Tar Heels have been open to senior-citizen HCs, hiring Brown back at age 67 in 2018. The Tar Heels have produced one 10-win season over the past 27 years.

Belichick’s 20-plus-year tenure as a de facto GM would appeal to schools in the NIL era, in addition to his obvious coaching resume’s draw, though the transfer portal and evolving compensation setup have led high-profile coaches in both football and basketball out. Boston College’s Jeff Hafley was among them, leaving an ACC HC gig for the Packers’ DC post (Brown also expressed frustration with the current state of college sports). The world’s highest-profile football coach stepping in would be rather strange. Indeed, Fox Sports’ Jordan Schultz adds some in the NFL believe Belichick is using North Carolina in an effort to push teams to act faster and make it known he wants back into the league in 2025.

Any college commitment would also drain time from Belichick’s quest to break Don Shula‘s career wins record. At 333, Belichick sits 14 behind Shula’s mark. The NFL also brings a potential age barrier, one that impacted Belichick’s candidacy this year. No team has hired a head coach older than 66; Belichick will turn 73 in April. The Falcons viewing Belichick as a short-term option prompted them to steer clear, though myriad other factors were also behind Atlanta’s decision.

The Raiders job also may open soon, creating a fascinating what-if about now-part-owner Tom Brady overseeing his former coach. Mark Davis pulling the plug so quickly on longtime Belichick lieutenant Josh McDaniels likely makes that a nonstarter, and ESPN.com’s Dan Graziano indeed does not see a fit there if the Silver and Black boot Antonio Pierce soon.

The Cowboys continue to come up as a potential Belichick destination, per The Athletic’s Dianna Russini, who adds the Buccaneers have as well. Tampa Bay passed on firing Todd Bowles last year, as the third-year HC ultimately rallied to lead the team to the divisional round. The Bucs are 6-6, putting Bowles on shaky ground once again. Though, they play in the NFL’s worst division and could certainly claim a playoff spot for a fifth straight year. Mike McCarthy is wrapping up a five-year contract, though the prospect of Jerry Jones keeping his embattled HC — one Dak Prescott strongly endorsed this week — has also surfaced.

Belichick was believed to be willing to cede some power if hired by the Falcons, with Arthur Blank confirming the coach did not demand a de facto GM role during his interviews. But meshing with Dallas’ long-running honcho, who obviously plays the lead role in Cowboys personnel moves, continues to loom as a potential dealbreaker for both parties. Barring an unexpected move into the college ranks, Belichick connections to teams figure to pick up again soon.

AFC West Notes: Moss, Raiders, Chargers

While the Broncos were able to contain Jerry Jeudy when they opted to use All-Pro Patrick Surtain on their former receiver, the first-year Browns contributor otherwise preyed on the team’s primary Riley Moss replacement during a dominant Monday-night showing. Free agency addition Levi Wallace struggled mightily, leading to a late-game benching and exposing an issue for a Broncos defense that had entered the game as one of the NFL’s best. The Broncos have seen Moss deliver quality play in his first season as a starter, but an MCL sprain sidelined him for Week 13. It is not certain Moss will be ready to return after Denver’s bye week.

The 2023 third-round pick is slated to need “a couple” weeks to return, with ESPN.com’s Jeremy Fowler pointing to a re-emergence against the Colts next week being in play but perhaps not a certainty. A two-week absence from an MCL sprain would be on the short end as far as recoveries go. A long-term lens reveals the Broncos nabbing an important contributor in Moss, given the looks the team’s non-Surtain corners see, but a woeful coverage effort Monday exposes a short-term issue for the wild-card contender. Denver used fifth-round rookie Kris Abrams-Draine, making his season debut, late in the game, playing him ahead of third-year cog Damarri Mathis.

Here is the latest from the AFC West:

  • When Antonio Pierce fired OC Luke Getsy, the Raiders installed Scott Turner as the interim play-caller. They also brought veteran Norv Turner out of retirement, with Scott indicating (via ESPN.com’s Paul Gutierrez) he spearheaded that effort. Norv, a three-time HC and Super Bowl-winning OC, had been out of the NFL since 2020. The 72-year-old coach is currently staying with his son in Las Vegas, as the Raiders attempt to find solutions on offense amid a rough season.
  • Norv Turner makes three former HCs on Pierce’s Vegas staff, joining Joe Philbin and Marvin Lewis. The Raiders also kept DC Patrick Graham around from Josh McDaniels‘ brief HC run while adding Getsy — the team’s second choice for OC after Kliff Kingsbury backed out during negotiations — as the top voice on offense. Getsy’s quick firing and how Pierce pieced his first staff together has drawn some internal pessimism, SI.com’s Albert Breer notes. Not having much NFL coaching experience nor possessing any college HC seasoning made Pierce a historic outlier in terms of NFL HCs, and it limited his coaching tree’s reach. Pierce leaned on his former Giants HC, Tom Coughlin, for guidance in assembling his first staff. Thus far, the Raiders are 2-10, having lost eight straight. Regardless of players’ push to have Pierce move to HC, Mark Davis is likely considering making the former interim boss a one-and-done as the full-time leader.
  • Ladd McConkey is battling two sprains presently. The blossoming Chargers rookie has been playing through an AC joint sprain, with Fowler adding he picked up a knee sprain against the Falcons. Jim Harbaugh was vague about the second-round wideout’s status for Sunday’s Chiefs rematch, but McConkey did log a limited practice Wednesday. McConkey, whom the team traded up for in April, has 401 more receiving yards (815) than the next-closest Charger.
  • J.K. Dobbins will not be part of the Chargers-Chiefs rematch, being placed on IR due to a sprained knee. Prior to going down, however, the resurgent running back picked up a $150K bonus by clearing 600 rushing yards for the season, NFL.com’s Tom Pelissero tweets. The injury-prone RB signed a one-year, $1.61MM deal this offseason. The team has Gus Edwards, tied to a more lucrative deal, and sixth-round rookie Kimani Vidal as its top backs on the 53-man roster.

NFL Practice Squad Updates: 12/4/24

Today’s practice squad transactions:

Arizona Cardinals

Atlanta Falcons

Dallas Cowboys

Las Vegas Raiders

Miami Dolphins

  • Signed: CB Jason Maitre

Minnesota Vikings

New York Jets

Philadelphia Eagles

San Francisco 49ers

Minor NFL Transactions: 12/3/24

Today’s minor moves:

Arizona Cardinals

Las Vegas Raiders

Minnesota Vikings

San Francisco 49ers

Tampa Bay Buccaneers

Tennessee Titans

Sincere McCormick has seen a larger role in recent weeks as a practice squad elevation, and now the running back will be secured to the Raiders active roster. After spending the past few years hanging around the organization, the former UDFA finally made his NFL debut earlier this season. With the Raiders dealing with a depleted RB room in recent weeks, McCormick has seen an uptick in snaps, culminating in him collecting 65 yards from scrimmage on Black Friday.

Julius Wood has been hit with a six-game suspension for violating the NFL’s policy on performance-enhancing drugs. The safety will now be sidelined for the rest of the 2024 campaign and one game in 2025. The undrafted rookie has appeared in nine games this season, with the majority of his snaps coming on special teams.

Minor NFL Transactions: 11/28/24

Thanksgiving Day minor moves from around the NFL:

Atlanta Falcons

Baltimore Ravens

Cincinnati Bengals

Houston Texans

Las Vegas Raiders

Miami Dolphins

Quitoriano’s injury struggles continue. The depth tight end who often appears in running plays and multi-tight end sets has yet to prove he can stay on the field for much more than half a season. After appearing in 16 games (11 starts) over his first two years in the NFL, Quitoriano was only able to appear in seven games (four starts) before hitting injured reserve this year. Signed off the Bears’ practice squad to make up for the season-ending loss of Brevin Jordan, Quitoriano’s loss leaves Dalton Schultz and Cade Stover as the only healthy tight ends on the active roster as Quitoriano joins Jordan and Dalton Keene on IR. Houston has veteran Irv Smith on the practice squad, as well.

Raiders Activate QB Aidan O’Connell, Place CB Jakorian Bennett On IR

Aidan O’Connell will indeed be in place for the Raiders for their Black Friday contest. The second-year quarterback was activated from injured reserve on Thursday, per a team announcement.

[RELATED: IR Return Tracker]

O’Connell was designated for return earlier this week with the expectation he would be activated in time to start against the Chiefs tomorrow. The QB1 gig will be his the rest of the way this year given Gardner Minshew‘s broken collarbone. Minshew was officially moved to IR in a corresponding move.

The Raiders have been linked to a quarterback pursuit this offseason given their struggles on offense, although both Minshew and O’Connell are under contract for 2025. The latter has made 12 total starts in the NFL, but after showing a degree of promise late last season the current campaign has not gone according to plan. O’Connell, 26, will be joined on the depth chart by Desmond Ridder over the coming weeks but it would come as no surprise if one or more new signal-callers were to be added this offseason.

Vegas also placed cornerback Jakorian Bennett on IR Thursday. The 2023 fourth-rounder handled rotational duties as a rookie but he has been a mainstay in the secondary this season. Bennett has logged a defensive snap share of 71% this season, posting 26 tackles and eight pass deflections. In coverage, the Maryland product has allowed a completion percentage of just 52.3% and has yet to surrender a touchdown as the nearest defender. His absence (which will last at least the next four games) will be acutely felt in the Raiders’ secondary.

The Bennett move opened up a spot on the active roster, and it has been filled by wideout Terrace Marshall. The former Panthers draftee was waived during roster cutdowns and he briefly spent time on the 49ers’ practice squad. Marshall has most recently been with Vegas, and has been used as a gameday elevation once already. The former second-rounder will now get a look on the roster as he looks to carve out a role in the team’s receiving corps.

2024 NFL Dead Money, By Team

The Giants making the decision to waive Daniel Jones, rather than keep him around ahead of a potential 2025 post-June 1 cut designation, changed their dead money outlook for this year and next. Here is how their new total fits in with the rest of the teams’ numbers for dead money — cap space allocated to players no longer on the roster — entering the final third of the regular season. Numbers courtesy of OverTheCap.

  1. Denver Broncos: $85.21MM
  2. New York Giants: $79.57MM
  3. Minnesota Vikings: $69.83MM
  4. Buffalo Bills: $68.47MM
  5. Carolina Panthers: $68.28MM
  6. Green Bay Packers: $65.53MM
  7. Tennessee Titans: $62.89MM
  8. Philadelphia Eagles: $61.95MM
  9. Tampa Bay Buccaneers: $60.64MM
  10. New Orleans Saints: $59.44MM
  11. New York Jets: $59.24MM
  12. Los Angeles Chargers: $58.62MM
  13. New England Patriots: $53.37MM
  14. Miami Dolphins: $52.28MM
  15. Seattle Seahawks: $52MM
  16. Jacksonville Jaguars: $51.2MM
  17. Las Vegas Raiders: $49.37MM
  18. Washington Commanders: $42.81MM
  19. Houston Texans: $39.28MM
  20. Cleveland Browns: $38.79MM
  21. Los Angeles Rams: $34.63MM
  22. Detroit Lions: $33.71MM
  23. Pittsburgh Steelers: $30.18MM
  24. Chicago Bears: $29.65MM
  25. Arizona Cardinals: $29.35MM
  26. San Francisco 49ers: $26.91MM
  27. Dallas Cowboys: $26.79MM
  28. Baltimore Ravens: $21.35MM
  29. Kansas City Chiefs: $12.65MM
  30. Indianapolis Colts: $11.8MM
  31. Atlanta Falcons: $11.55MM
  32. Cincinnati Bengals: $9.11MM

The Jones release moved more than $13MM of dead cap onto the Giants’ 2024 payroll. More significantly, the Giants granting Jones an early exit — after a contract-driven benching — will prevent the team from designating him a post-June 1 cut next year. The Giants will take on $22.2MM in dead money in 2025, rather than being able to split that bill over two offseasons. The team also took on more than $10MM in dead money this year due to the 2023 Leonard Williams trade.

This year’s most egregious dead money offender has been known for months. The Broncos’ contract-driven Russell Wilson benching last year preceded a historic release, which saddled the team with more than $83MM in total dead money. A small cap credit is set to come in 2025 (via Wilson’s veteran-minimum Pittsburgh pact), but for this year, $53MM in dead cap hit Denver’s payroll as a result of the the quarterback’s release.

The Broncos more than doubled the previous single-player dead money record, which the Falcons held ($40.5MM) for trading Matt Ryan), and they will be on the hook for the final $30MM-plus in 2025. Beyond Wilson, no other ex-Bronco counts more than $7.5MM in dead money. In terms of total dead cap, however, the Broncos barely check in north of the Buccaneers and Rams’ 2023 totals. Denver is trying to follow those teams’ lead in rallying back to make the playoffs despite nearly a third of its 2024 payroll tied up in dead cap.

Twenty-two players represent dead money for the Saints, who have seen their total updated since the Marshon Lattimore trade. Rather than restructure-crazed GM Mickey Loomis using the Lattimore contract once again to create cap space next year, the Saints will take on the highest non-QB dead money hit in NFL history. Lattimore counts $14MM in that category this year before the contract shifts to a whopping $31.66MM in dead cap on New Orleans’ 2025 payroll. Considering the Saints are again in their own sector for cap trouble next year ($62MM-plus over), the Lattimore trade will create some issues as the team attempts to rebound post-Dennis Allen.

Two 2023 restructures ballooned the Vikings’ figure toward $70MM. Void years on Kirk Cousins and Danielle Hunter‘s deals combined for more than $43MM in dead money. Minnesota also ate nearly $7MM from the void years on Marcus Davenport‘s one-year contract, while the release of 2022 first-rounder Lewis Cine (currently on the Bills’ practice squad) accounted for more than $5MM.

Free from the Tom Brady dead money that comprised a chunk of their 2023 cap, the Bucs still have eight-figure hits from the Carlton Davis trade and Mike Evans‘ previous contract voiding not long before the sides agreed on a new deal. Elsewhere in the NFC South, three of the players given multiyear deals in 2023 — Vonn Bell, Hayden Hurst, Bradley Bozeman — being moved off the roster in GM Dan Morgan‘s first offseason represent nearly half of Carolina’s dead cap.

 

Raiders Designate QB Aidan O’Connell For Return; Daniel Jones Rules Out Las Vegas

NOVEMBER 26: The Raiders do indeed plan to start O’Connell this week, NFL Network’s Tom Pelissero reports. With Minshew sidelined for the remainder of the year, O’Connell will be in place to retain QB1 duties the rest of the way.

NOVEMBER 25: Gardner Minshew failed to finish a Raiders-Broncos game for the second time, with the oft-benched quarterback going down with a broken collarbone yesterday. Antonio Pierce confirmed reports of the break Monday and said Aidan O’Connell is in play to return this week.

The Raiders have since designated O’Connell for return from IR. This marked the second-year quarterback’s first week of return eligibility. The Raiders will now have 21 days to activate the QB to the active roster, but it sounds like O’Connell could return as soon as Black Friday. The signal caller has been rehabbing a broken thumb suffered in late October.

With Minshew failing to impress to begin the campaign, O’Connell eventually took over atop the depth chart. He got his first start in Week 6, completing 27 of his 40 pass attempts for 227 yards, one touchdown, and one interception. However, he was knocked out of his second start after only 14 snaps, and his placement on IR kept him off the field for the past four games.

In four appearances this season, O’Connell completed 63.4 percent of his passes for two touchdowns and two interceptions. This followed a 2023 campaign where the rookie fourth-round pick went 5-5 while throwing 12 touchdowns vs. 11 interceptions. While the Raiders are well outside of the playoff picture, O’Connell will still have a chance to build on his career numbers for the stretch run of the season.

He could also make an argument for the QB1 role ahead of the 2025 campaign. O’Connell remains attached to his rookie contract through 2026, while Minshew was added on a two-year pact in the spring. The Raiders should also be armed with a top pick in next year’s draft, so there’s a chance the team adds another QB to the mix before the start of the 2025 season.

With Minshew being lost for the season, the Raiders will no longer have to make a decision following O’Connell’s activation. Minshew improved on his turnovers over his past four starts, with the veteran tossing five scores vs. two picks over that span. When the QB was knocked out of yesterday’s game, he was replaced by Desmond Ridder, who completed five of 10 passes while also taking a pair of sacks.

Considering the Raiders’ inconsistent play at the position in 2024, they’ve been mentioned as a natural suitor for Daniel Jones. While the team did indeed show some interest in the former Giants starter, the quarterback has “eliminated Las Vegas from consideration,” per Jordan Schultz of Bleacher Report. Jones has received interest from “multiple” playoff squads and is interested in joining a contender.

Ben Levine contributed to this post.

Updated 2025 NFL Draft Order

The Week 12 slate of games is in the books. For many teams, attention is increasingly turning toward the offseason with a playoff berth no longer in reach.

Plenty of time remains for the draft order to change over the coming months, and it will be interesting to see which teams wind up in position to add at the quarterback spot in particular. The crop of prospects for 2025 is not held in high regard after Shedeur Sanders and Cam Ward, meaning the demand for potential franchise passers is set to outweigh demand at the top of the board. Of course, players like Sanders’ Colorado teammate Travis Hunter will be among the ones worth watching closely as well.

The Jets have moved on from head coach Robert Saleh and general manager Joe Douglas, inviting questions about a reset under center as well. Aaron Rodgers wants to play in 2025, but it remains to be seen how his relationship with the organization will take shape down the stretch and if a new regime will prefer to move on at the position. The Giants, meanwhile, confirmed they will be in the market for a new signal-caller with Daniel Jones no longer in the fold.

Teams such as the Raiders have long been mentioned as a team to watch regarding a rookie QB pursuit. Jayden Daniels was a target for head coach Antonio Pierce last spring, and it would come as no surprise if Vegas were to make a push for a long-term starting option this time around. Other franchises not on track to qualify for the playoffs figure to give the Raiders plenty of competition in that department, though.

For non-playoff teams, the draft order will be determined by the inverted 2024 standings — plus a series of tiebreakers, starting with strength of schedule — with playoff squads being slotted by their postseason outcome and regular-season record. Here is an updated look at the current draft order:

  1. Jacksonville Jaguars: 2-9
  2. New York Giants: 2-9
  3. Las Vegas Raiders: 2-9
  4. New England Patriots: 3-9
  5. Carolina Panthers: 3-8
  6. Tennessee Titans: 3-8
  7. New York Jets: 3-8
  8. Cleveland Browns: 3-8
  9. New Orleans Saints: 4-7
  10. Cincinnati Bengals: 4-7
  11. Dallas Cowboys: 4-7
  12. Chicago Bears: 4-7
  13. Indianapolis Colts: 5-7
  14. Miami Dolphins: 5-6
  15. Tampa Bay Buccaneers: 5-6
  16. Los Angeles Rams: 5-6
  17. San Francisco 49ers: 5-6
  18. Arizona Cardinals: 6-5
  19. Atlanta Falcons: 6-5
  20. Seattle Seahawks: 6-5
  21. Washington Commanders: 7-5
  22. Houston Texans: 7-5
  23. Denver Broncos: 7-5
  24. Los Angeles Chargers: 7-4
  25. Baltimore Ravens: 8-4
  26. Pittsburgh Steelers: 8-3
  27. Green Bay Packers: 8-3
  28. Minnesota Vikings: 9-2
  29. Philadelphia Eagles: 9-2
  30. Buffalo Bills: 9-2
  31. Kansas City Chiefs: 10-1
  32. Detroit Lions: 10-1