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Tuesday, April 23, 2024
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Raiders Executive Departures Linked to Financial Irregularities

  • Financial inconsistencies found in recent months stretch back more than a decade, according to sources.
  • The team launched an internal investigation with assistance with an outside law firm.
Kirby Lee-USA TODAY Sports/Design: Alex Brooks

Significant financial irregularities that allegedly stretched back more than a decade played a role in the mysterious departures of three Las Vegas Raiders executives, sources with knowledge of the issue told Front Office Sports. 

FOS reported last week that the team had launched an internal investigation, an inquiry that remains ongoing. That investigation is focused on accounting issues over the last several weeks that coincided with the exits of three top Raiders executives this summer:

  • President Marc Badain, who served as team president for more than six years and had been employed with the team since 1991. 
  • CFO Ed Villanueva, a Raiders employee for nearly 19 years. 
  • Controller Araxie Grant, who had the role for about a year and a half. 

A fourth executive, Brandon Doll, also left the team this summer. But Doll, the club’s former vice president of strategy and business development, exited for reasons outside of the accounting issues, a source told FOS.

The specifics of what type of incongruencies have been uncovered so far were not immediately known. Messages over the last two weeks left for Badain, Grant, Villanueva, and Doll by FOS were not returned. 

The turnover in the Raiders’ front office sparked massive speculation within the NFL as the team embarks on its first season in front of fans at Allegiant Stadium in Las Vegas. The team moved from Oakland after the 2019 season.

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