It seems that the previous reports regarding NFL owners’ hesitation to approve Tom Brady as a minority owner of the Las Vegas Raiders due to his deal with Fox may not have been completely accurate.
In accordance with a recent report by Vincent Bonsignore, there seems to be some uncertainty surrounding the price point that Brady’s group and Raiders principal owner Mark Davis are discussing for the retired quarterback’s purchase.
This information was shared by an individual familiar with the situation.
Tom Brady’s Group Aligns Figures with Raiders’ Valuation
It was mentioned as early as last October that there were concerns about Brady’s agreement with Davis.
It was alleged that Davis had offered Brady’s purchasing group a discounted price for a 10% stake in the team, which raised some issues.
In a piece published on Feb. 8, Eben Novy-Williams of Sportico reported that Brady’s group had adjusted their figures to align with the Raiders’ valuation in a separate transaction from earlier in 2023.
Bonsignore highlighted the agreement made by the Raiders, Los Angeles Chargers, and Los Angeles Rams.
This agreement included a flip-tax stipulation, where other owners received a portion of the sales prices.
It was a condition for these franchises to relocate in the latter half of the 2010s.
Bonsignore also mentioned that there is a possibility that owners might prefer Davis to sell the team at a higher price in order to maximize their own profits.
Brady’s Lucrative Deal with Fox for NFL Analysis
Brady is poised to take on the role of Fox’s top NFL analyst for the upcoming season, thanks to a lucrative 10-year contract.
Some individuals in the league have raised concerns about a minority owner having access to training facilities and confidential information.
Throughout NFL seasons, broadcasters regularly engage in pregame meetings with coaches and players.
However, according to Josh Alper of Pro Football Talk, there is currently no indication that the league will prevent Brady from eventually joining the ownership club.
Commissioner Roger Goodell addressed the NFL owners meetings on Tuesday, suggesting that it is only a matter of time before Brady becomes a limited partner with the Raiders.
In order for any franchise ownership changes to be approved, a majority vote from 24 out of the 32 team owners is required.
Owners may vote on Brady’s deal when they reconvene in May.
Greg Olsen, the current lead NFL analyst for Fox, is currently awaiting confirmation on his role for the upcoming 2024 campaign.
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