The Las Vegas Raiders franchise value surged $2B in one year, outpacing NFL median growth of 8-12% and ranking the team in the league's top 10 by valuation. Mark Davis capitalized on three distinct value drivers: the $2.2B Allegiant Stadium completed in 2020, Las Vegas's $60B tourism economy providing premium corporate suite demand, and the franchise's relocation premium still being priced into equity comps.