As a world of children and grown-up children who act like adults so the children won’t get scared begin to make out their Christmas wish lists, here’s a item for consideration.
A 10-percent stake in the Oakland Raiders.
Jay Glazer of FOX reports that the the team is trying to sell that amount of franchise, in an effort to raise money.
We’ve separately learned that, while a partial sale is possible, the efforts aren’t yet fully active. No investment firm has been engaged, for example, and no aggressive attempt has been made to scare up a buyer.
Per a league source, the reality in Oakland is that the limited partnership contains several aging members (or, in some cases, the widows of deceased members). Some of the members might want to dilute their interest in the team.
Either way, it’s not a certainty that any portion of the team will be sold. But it’s definitely a possibility.
So if you’re a Raiders fan and if your parents or spouse have budgeted $100 million or so for this year’s Christmas gifts, go ahead and put it on your list.
Of course, some might regard such a gift simply as a very expensive lump of coal.