NFL owners have reportedly made a decision on Tom Brady’s bid to become part owner of the Las Vegas Raiders.
The legendary quarterback initially agreed to become a limited partner of the team in May 2023, but the move has not yet been finalized.
However, that is expected to change at Tuesday’s owners meetings, according to ESPN’s Adam Schefter24 of 32 owners are expected to approve the purchase of about 10 percent of the team.
A source told ESPN that Brady’s offer would not be brought to the league’s finance committee if it was not approved, a decision that at this point was described as a “formality.”
Brady’s ownership bid was reportedly previously approved unanimously by the league’s finance committee.
Tom Brady’s bid to own part of the Las Vegas Raiders will be approved this week
The NFL did not immediately respond to Mail Sport’s request for comment.
It’s been more than a year since Brady agreed in principle to become an owner of the Raiders, but the process was delayed due to reported concerns about the discounted price the quarterback was receiving from Raiders owner Mark Davis.
He Washington Post He was previously told that Davis at one point had offered Brady up to a 70 percent discount.
The franchise is valued at 6.7 billion dollars per Forbes.
Another point of concern is and was Brady’s role as Fox Sports’ lead NFL analyst.
Unlike the normal access given to television broadcasters, you are not allowed to attend practices, be at another team’s facility or attend production meetings.
Brady is also prohibited from criticizing officials.
More to follow
