{"id":290306,"date":"2023-09-17T22:37:10","date_gmt":"2023-09-17T22:37:10","guid":{"rendered":"https:\/\/sportslifetale.com\/?p=290306"},"modified":"2023-09-17T22:37:10","modified_gmt":"2023-09-17T22:37:10","slug":"tom-bradys-raiders-minority-ownership-bid-could-be-decided-next-month","status":"publish","type":"post","link":"https:\/\/sportslifetale.com\/nfl\/tom-bradys-raiders-minority-ownership-bid-could-be-decided-next-month\/","title":{"rendered":"Tom Brady&apos;s Raiders minority ownership bid could be decided next month"},"content":{"rendered":"<h1>Tom Brady&#8217;s bid to become minority owner of the Raiders could be decided NEXT MONTH, as red tape threatens to delay (or derail) NFL legend&#8217;s plans<\/h1>\n<ul>\n<li><span>Reports of the 46-year-old Brady&#8217;s attempt to own the Raiders emerged in May<\/span><\/li>\n<li><span>He emerged as a potential short-term replacement for Aaron Rodgers recently<\/span><\/li>\n<li><span>DailyMail.com provides all the latest international sports news<\/span><\/li>\n<\/ul>\n<p>Tom Brady&#8217;s attempt to become a minority owner of the Las Vegas Raiders could be decided next month, as fears of red tape threatening to delay or even possibly derail the NFL Legend&#8217;s plans emerge.<\/p>\n<p>Reports of the 46-year-old Brady acquiring a minority stake into the Raiders, who&#8217;ve settled in Las Vegas for the last three years now, emerged in May but the purchase has yet to be finalized, according to <span>the NFL<\/span>, itself.\u00a0<\/p>\n<p>A vote to decide on the matter could take place as soon as next month&#8217;s Fall League Meeting, a source told league officials, but there&#8217;s still much to talk about regarding financing and plenty of information on the transaction, itself, is still needed.<\/p>\n<p>There is no guarantee that the process will be complete by October, meaning the Winter League Meeting in December could be a better deadline for Brady to finally and firmly transition from being one of the best players in NFL history to becoming a minority team owner in the league.<\/p>\n<p>What&#8217;s more, is that buying a share into an NFL team would effectively rule out the seven-time Super Bowl\u00a0champion from ever playing again &#8211; for the Raiders or anyone else &#8211; under recently updated league laws.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/17\/18\/75531881-12528733-image-a-1_1694970665103.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Tom Brady&#8217;s bid to buy a minority share into Las Vegas Raiders could be decided next month<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/17\/18\/75531883-12528733-image-a-2_1694970688334.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>The Raiders are currently owned by Mark Davis, who had planned to employ Brady as part of an agreement for the NFL icon to buy into the team<\/p>\n<p>In May, it was reported that Brady&#8217;s bid to get onboard of the Raiders&#8217; ownership team hit a snag after the discovery of the NFL&#8217;s new no-equity rule, which prevents team employees who aren&#8217;t family members from being given equity in a franchise.\u00a0<\/p>\n<p>Raiders owner Mark Davis had planned to employ Brady as part of an agreement for the NFL icon to buy into the team\u00a0and spoke against the then proposed no-equity rule over the summer in a special meeting to approve the sale of the Washington Commanders to Josh Harris.\u00a0<\/p>\n<p>Brady, who didn&#8217;t receive a call from the New York Jets after Aaron Rodgers&#8217; season-ending injury, according to league officials, once called the chance to invest in the Raiders as a &#8216;dream come true&#8217; and that he had been playing a &#8216;passive role&#8217; within the organization.\u00a0<\/p>\n<p>&#8216;If I&#8217;m looking over the course of my life, to have the opportunity to be involved in the NFL is a dream come true,&#8217; Brady told <span>The Associated Press<\/span> in June.\u00a0<\/p>\n<p>&#8216;And if I could help the NFL and continue to contribute in a positive way, then you know, that&#8217;s been a very enjoyable part of my life.&#8217;\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/17\/18\/75531885-12528733-image-a-3_1694970731221.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Brady, far right, engaged in chatter with Cowboys owner Jerry Jones, center, and Davis, far left<\/p>\n<p>Brady is said to have no interest in playing again following his second retirement in February. It&#8217;s been widely believed that he would have refused a chance to replace Rodgers if the Jets considered him as a short-term replacement.\u00a0<\/p>\n<p>&#8216;All our lives take us on different journeys. They take us to different places. They bring different people into our lives,&#8217; Brady said at halftime of the Patriots&#8217; Week 1 loss to the Eagles, which is when New England honored its former quarterback, on September 10.<\/p>\n<p>&#8216;But one thing I am sure of, and that will never change, is that I am a Patriot for life.&#8217;<\/p>\n<p>Brady is already an investor of the Las Vegas Aces, of the WNBA, and English soccer club, Birmingham City FC.\u00a0He also owns a wellness brand (TB12) and a film and TV production house (Religion of Sports) among other ventures in his portfolio.<\/p>\n<p>Brady is also set to begin a mammoth 10-year, $375million contract with FOX Sports as an NFL broadcaster next year.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/nfl\/article-12528733\/Tom-Bradys-bid-minority-owner-Raiders-decided-MONTH-red-tape-threatens-delay-derail-NFL-legends-plans.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tom Brady&#8217;s bid to become minority owner of the Raiders could be decided NEXT MONTH, as red tape threatens to delay (or derail) NFL legend&#8217;s plans Reports of the 46-year-old Brady&#8217;s attempt to own the Raiders emerged in May He emerged as a potential short-term replacement for Aaron Rodgers recently DailyMail.com provides all the latest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":290305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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