Jack Del Rio, the new head coach of the Oakland Raiders, is introduced by general manager Reggie McKenzie, left, and owner Mark Davis during a press conference at the Raiders headquarters in Alameda, Calif., Friday, Jan. 16, 2015. (Laura A. Oda/Bay Area News Group)
Whenever there’s a rumor about someone like Larry Ellison buying the Raiders, the assumption is that Mark Davis will have to sell at some point to avoid a massive estate tax hit when his mother dies.
But that might no longer be a concern for the Davis clan. According to Daniel Kaplan of the Sports Business Journal (last year), the NFL quietly changed ownership requirements to help teams stay within families while avoiding costly estate taxes. Read about it here.