Tom Brady Nears Approval as Minority Owner of Las Vegas Raiders

NFL owners are expected to approve Brady's bid for a 10% stake in the Raiders at the upcoming league meeting.

Brady's ownership bid requires approval from 24 of 32 NFL team owners, which is anticipated to be a formality following the finance committee's unanimous recommendation.
The proposed deal, initially agreed upon in May 2023, was revised to address concerns over the team's valuation being too low.
Brady's acquisition would make him one of the few former NFL players to own a team stake, joining figures like George Halas and Jerry Richardson.
His role as a minority owner could impose restrictions on his broadcasting career with FOX Sports, limiting his access to team facilities and meetings.
The Raiders have been under Davis family ownership since 1966, and the sale would slightly reduce their share while keeping them as principal owners.