NFL legend Tom Brady may lastly be getting his ownership stake in the Las Vegas Raiders authorised — very quickly.
According to Mark Maske of The Washington Post, NFL homeowners have a possibility to approve Brady's proposal to develop into half proprietor at their assembly in Atlanta this month with a ratification vote or at their assembly in Dallas in December. Maske credited “three people with the deliberations.”
Maske wrote the next in a current article:
“The deal is ‘not done yet,' said one of those people, who added: ‘I see it getting done. … I think it’ll get there because Brady’s good for the league.' The owners would ‘like to see it happen' because of Brady’s stature, that person said.
“Another individual stated Brady, 47, nonetheless would pay much less for his ownership stake than some homeowners across the league wish to see, however the present deal is for much extra money than initially proposed.”
Brady has been involved in talks for a deal since the spring of 2023. Due to his aspirations to become an NFL analyst — which he now is — and a potential decrease in the franchise value, Brady's potential ownership has been stalled.
“The number just has to be a reasonable number for purchase price from Tom, is the only thing,” said Indianapolis Colts owner Jim Irsay at the league meetings in October. “If reasonable value says … that 10% should be $525 million, you can’t pay $175 million.”
Brady is already part owner of the Las Vegas Aces, also owned by Raiders owner Mark Davis.
The seven-time Super Bowl champion retired in the winter of 2023. Despite his long list of NFL accomplshments and wide recognition as the greatest quarterback of all time, Brady still has high aspirations when it comes to the football world.
NFL insider Ian Rapoport reported in September that the finalization for Brady's ownership stake was close.
“Sources with direct information of this case stated that lots of the points such because the valuation and Brady's position as a FOX broadcaster have been addressed and labored by — and are actually in a significantly better place,” Rapoport said. “All sides are presupposed to be proud of the authorised valuation of Brady's stake, which explains why it is set to maneuver from the finance committee to the general ownership vote, the place it requires three-fourths for approval.”
This newest information solely confirms it.
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