Joseph Zucker@@JosephZuckerFeatured Columnist IVOctober 7, 2024 Kevin Sabitus/Getty Images Retired quarterback Tom Brady’s bid for an ownership stake in the Las Vegas Raiders is “progressing toward a potential approval vote,” according to the Washington Post’s Mark Maske. Maske cited a source Saturday who said the deal isn’t completed but that league owners would “like to
NFL Retired quarterback Tom Brady’s characterize for an possession stake within the Las Vegas Raiders is “progressing toward a potential approval vote,” in step with the Washington Put up‘s Mark Maske.
Maske cited a provide Saturday who acknowledged the deal is never the least bit times completed nonetheless that league owners would “like to see it happen.”
Brady has encountered some hurdles for the length of his pursuit to modified into a minority stakeholder within the Raiders.
A 2023 rule popular by crew owners precludes him from being an employee of the franchise, so he can no longer work in any sot of executive capability. Then, quite a few owners raised concerns the 47-365 days-obsolete used to be getting too magnificent of a deal and paying a tag that significantly undervalued the Raiders. His burgeoning media profession supplied every other enviornment as his feedback within the broadcast gross sales effect of living will wish to be moderated differently.
Brady is nothing if no longer chronic.
In September, NFL Network’s Ian Rapoport reported the seven-time Massive Bowl champion might perhaps doubtless well bag his final approval by the discontinue of the 2024 season. Maske adopted up Monday to write a decision might perhaps doubtless well near as early as this month with the NFL finance committee attributable to meet on Oct. 15.
On the topic of the dollar decide fervent, Maske reported Brady “would pay less for his ownership stake than some owners around the league would like to see, but the current deal is for far more money than originally proposed.”
CNBC’s Michael Ozanian valued the Raiders at $7.8 billion, the fifth-top valuation within the NFL, before the approved season.
Source: Bleacher Report
