Tom Brady Nears Partial Ownership of Raiders
Tom Brady Nears Partial Ownership of Raiders
Tom Brady Nears Partial Ownership of Raiders
News summary

Tom Brady is on the verge of finalizing a 10% ownership stake in the Las Vegas Raiders, with league approval expected by the end of the 2024 season. The NFL's finance committee has resolved key issues regarding the valuation of the stake and Brady's dual role as a broadcaster for FOX. While the ownership vote could occur as soon as October, a final decision might also be postponed to December. Brady's new ownership role will impose restrictions on his broadcasting duties, preventing him from accessing other teams' facilities, observing practices, or participating in production meetings. Despite the complexities, all parties involved appear to be satisfied with the agreement. Brady is set to make his broadcasting debut for FOX during the season opener between the Cleveland Browns and the Dallas Cowboys.

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