Mark Davis is expanding his sports empire in Las Vegas, buying the Aces from MGM Resorts International.
The Raiders owner purchased the WNBA team Thursday pending the approval from the league's board of governors.
The Aces moved to Las Vegas from San Antonio in 2017 and have been successful on the court. Las Vegas had the league's best record last season before losing to Seattle in the WNBA Finals.
Las Vegas has a solid young core of players, including WNBA MVP A'ja Wilson and Sixth Woman of the Year Dearica Hamby.
While it's unclear how the sale will affect the Aces' day-to-day operations, the Raiders have a working relationship with MGM, which partners with the NFL franchise in several business ventures.