Tom Brady in the Starting Blocks for Raiders Involvement

After nearly a year and a half, Tom Brady might soon face a new challenge: a potential stake in the Las Vegas Raiders. According to reports from Sports Business Journal and The Athletic, the decision on Brady's bid is imminent. The NFL finance committee will review Brady's application this Tuesday at the NFL fall meeting in Atlanta. A subsequent vote on the approval could follow shortly. To secure the deal, Brady needs the approval of at least 24 of the 32 team owners. Back in May 2023, Brady and Tom Wagner, co-founder of Knighthead Capital Management, had agreed with majority owner Mark Davis to purchase ten percent of the Raiders' shares. However, the approval stalled due to two main reasons. Firstly, the owners were concerned that Davis had given Brady and Wagner too much of a discount. As reported by The Washington Post, the duo then adjusted their offer to be more appealing to the owners. Secondly, Brady's role as an analyst with a 10-year, $375 million contract with Fox has raised eyebrows. The league considers it important that a stakeholder in a franchise does not gain unfair access to other teams. If Brady's bid is indeed successful, his activities as a commentator could be affected. For instance, he would not be allowed to publicly criticize game officials or other clubs to avoid sanctions. The anti-tampering rules would also apply to him. If a vote does not occur, the next opportunity for a decision could be from December 10 to 11 at the NFL Special League Meeting in Irving, Texas.