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Tom Brady to become minority owner of the Las Vegas Raiders next month✍🏽


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 3 weeks ago '07        #1
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theFREAK  topics gone triple plat - Number 1 spot x569
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icon Tom Brady to become minority owner of the Las Vegas Raiders next month✍🏽
 

 
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At long last, Tom Brady is on track to be a limited partner with the Las Vegas Raiders -- and officially close the book on his storied NFL playing career as he tr@nsitions to new roles as minority owner and network on-air broadcaster.
Brady's pending investment in the Raiders was recently altered to reflect the proper valuation of the team, and league sources say he has reached the threshold to clear the NFL's hurdles and officially join the ranks of ownership.
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The plan is for the NFL's Finance Committee to consider Brady's investment on March 4 or 5 when members meet in New York, sources say. If all goes well, final approval should happen at the NFL Annual League Meeting in Orlando from March 24-27.

A league spokesman said on Saturday that the "matter remains under review by the finance committee."

Sportico reported on Thursday that Brady's valuation had increased after it was deemed by some NFL owners as below market value. Brady's group, which includes Knighthead Capital co-founder Tom Wagner, is expected to purchase around 10% of the Raiders, with Brady having about 7% of that. Sportico valued the Raiders at roughly $5.8 billion.

Brady's potential investment in the Raiders was first reported in May 2023.
Brady and Wagner are co-invested in a number of sports deals, including English soccer club Birmingham City, a Major League Pickleball franchise and an auto-racing team that competes in the World Endurance Championship.
Once Brady's deal is final, the greatest QB of all time will finally, officially be retired, as non-family club employees -- including players -- are not allowed to own equity in teams.

While Brady's tr@nsaction has been pending, he has served as an unofficial advisor to Mark Davis, helping on the coaching search and the hiring of offensive coordinator Luke Getsy.

Meanwhile, today's Super Bowl also marks the end of Brady's hiatus from the NFL, as he is scheduled to reemerge in the national spotlight as a broadcaster for FOX starting with 2024 season.

Sources say the plan is still for Brady to be a top analyst at FOX. On his Let's Go! podcast on SirusXM, Brady recently said: "I've got a big broadcasting job that's going to start in September. I'm already working hard on trying to make sure I'm ready for that opportunity."

As for how that's happening, sources say Brady is preparing the exact same way he prepared for football -- with obsessive detail and a fierce and competitive desire to be the best. He's spent countless hours doing research and studying not just the game, but the TV world.
He's talked to a large group of experts in the TV business, from Erin Andrews to Stephen A. Smith and anyone in between. He's also traveled out to the FOX Studios a handful of times this year, doing dry runs with Kevin Burkhardt, who is set to be his play-by-play broadcast partner on FOX's No. 1 team. They are said to already have great chemistry, with the network looking forward to Brady taking center stage.


Last edited by theFREAK; 02-11-2024 at 07:19 AM..



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8 comments

 3 weeks ago '09        #2
TriniSoldier  topics gone triple plat - Number 1 spot x1
Props total: 129938 129 K  Slaps total: 28494 28 K
very strange

 3 weeks ago '09        #3
McmasterlockPt2 
Props total: 6782 6 K  Slaps total: 601 601
Raiders fans ain’t forgot that tuck rule game but Mark Davis must’ve.
+1   

 3 weeks ago '21        #4
The jinx  topics gone triple plat - Number 1 spot x8
Props total: 20683 20 K  Slaps total: 9960 9 K
Im confused on what a actual minority owner means . I guess i could google it but brady isnt a minority according to job applications
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-3   

 3 weeks ago '07        #5
theFREAK  topics gone triple plat - Number 1 spot x569 OP
Props total: 303787 303 K  Slaps total: 43611 43 K
 The jinx said 🔗
Im confused on what a actual minority owner means . I guess i could google it but brady isnt a minority according to job applications
emoji

+3   

 3 weeks ago '16        #6
lars  topics gone triple plat - Number 1 spot x5
Props total: 36980 36 K  Slaps total: 2976 2 K
Brady lookin for any team to invest in, prolly didn't want to be under Robert Kraft so Raiders is a better fit.

 3 weeks ago '05        #7
rellish 
Props total: 30632 30 K  Slaps total: 5042 5 K
 lars said 🔗
Brady lookin for any team to invest in, prolly didn't want to be under Robert Kraft so Raiders is a better fit.
They are in a great market, growing no matter if they put on a winning product or not. He cant lose in this scenario at all, im sure his ownership stake will double or triple within the next 3-5yrs.
+2   

 3 weeks ago '07        #8
theFREAK  topics gone triple plat - Number 1 spot x569 OP
Props total: 303787 303 K  Slaps total: 43611 43 K
 lars said 🔗
Brady lookin for any team to invest in, prolly didn't want to be under Robert Kraft so Raiders is a better fit.
He's also part owner of the WNBA team the Las Vegas Aces, which is also owned by Raiders owner Mark Davis.
+2   

 2 weeks ago '16        #9
BMC1000  topics gone triple plat - Number 1 spot x38
Props total: 100384 100 K  Slaps total: 16600 16 K
 The jinx said 🔗
Im confused on what a actual minority owner means . I guess i could google it but brady isnt a minority according to job applications
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