Former Buccaneers Quarterback Tom Brady's Raiders Bid Will Have To Wait A Little Longer
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Former Tampa Bay Buccaneers quarterback Tom Brady has been active in his post-football life, engaging in numerous business ventures in multiple areas after retiring after the 2022 season. One of the most notable ventures he's been looking to enter is football ownership, but it's looking like he'll have to wait a little bit longer.
Brady has been looking to buy a share of the Las Vegas Raiders over a year ago now, right after Brady retired from football and left the Buccaneers. It's hit a number of snags, however, and now, there appears to be another — NFL owners aren't expected to bring up Brady's bid in the upcoming league meetings in Orlando, per the Washington Post.
Initially, Brady's bid slowed down after NFL brass voted that owners couldn't give equity to their employees, but now, there are a few different concerns with Brady's bid heading into the first league year.
Per the report, some NFL owners appear to take exception to a discount that Davis is willing to offer Brady for a stake in the team. This is somewhat understandable from the perspective of the other owners, as doing so could in theory drive the worth of their own team shares down — Brady and his partner Tom Wagner are reportedly attempting to buy 10% of the team.
Additionally, owners appear wary of Brady's broadcasting commitment to FOX. The report revealed that some owners may be questioning if Brady's commitment there would be a conflict of interest should he be calling Raiders games with his broadcasting job.
Brady's bid has to be approved by 24 of the NFL's 32 owners. Should they not vote on it in Orlando, his next shot will be in May, when another league meeting is to be held in Nashville, Tennessee.
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