Tom Brady gets bad news on multi-million Raiders ownership move
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Tom Brady is seeking to become part-owner of an NFL franchise, but he may have to wait a while longer.
The seven-time Super Bowl champion has confirmed that he is in talks with Las Vegas Raiders owner Mark Davis to buy a portion of the ownership in the franchise. Brady actually became a part-owner of WNBA champion Las Vegas Ice earlier this year.
However, NFL owners have not yet voted through a minority stake sale.
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There was hope that he would be voted out this month in Minneapolis. But according to the Washington Post report, the matter of Roger Goodell’s extension and transfer of ownership of the Tom Brady Raiders is unlikely to be resolved during the meeting.
Roger Goodell’s contract extension and Tom Brady’s agreement to be a limited partner in the Raiders are unlikely to be resolved, sources say, when the NFL owners have their own meeting scheduled next Thursday in Minneapolis to discuss and possibly approve the sale of the Chiefs.
At least 24 NFL owners will have to approve the Brady partnership to formalize the sale.
Will Tom Brady’s Raiders ownership conflict with FOX Sports’ $375 million deal?
According to ESPN, Brady’s deal to get into the broadcast booth with FOX Sports is unlikely to affect his purchase of a minority stake in the Raiders.
Prior to the Raiders arrangement, Brady was reportedly interested in an ownership stake with the Miami Dolphins. However, a six-month investigation revealed that Dolphins owner Stephen Ross violated the league’s anti-tampering policy during talks with the seven-time Super Bowl champion.
As a result, Miami was drafted in the first round draft in the 2023 NFL Draft.
What would Tom Brady do in retirement?
Brady has been far from calm since he hung up his cleats.
The Patriots icon has made headlines over the past few weeks for a number of reasons.
For starters, the loss of Tom Brady FTX has been in and out of the NFL news circuit over the past year. According to a New York Times report, Brady lost $30 million during the cryptocurrency platform’s downfall.
His ex-wife, Gisele Bundchen, lost $18 million in the same deal. Brady and Bundchen appear to have been mostly pushed into FTX stock as part of the endorsement agreement.
Brady was also in the news because he was spotted with Kim Kardashian at Fanatics CEO Michael Rubin’s annual White Hamptons party.
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