Brady's Raiders Ownership Bid Nears NFL Approval

Tom Brady is moving closer to becoming a part-owner of the Las Vegas Raiders, with his bid set to be discussed at the upcoming NFL owners' meetings in Atlanta. Brady and businessman Tom Wagner reached an agreement with Raiders owner Mark Davis to purchase a 10% stake in the team. The bid requires approval from the NFL's financial committee and must be ratified by at least 24 of the 32 NFL owners. Despite some owners' concerns about potential conflicts of interest due to Brady's role as a lead analyst for Fox Sports, the league has imposed restrictions on his access to teams. There are also issues regarding the discounted price offered for Brady's stake, which some owners feel is too low. Nevertheless, Brady's stature and the improved financial terms of the deal have made its approval likely.