Despite his retirement, Tom Brady continues to give something to talk about. Although at the beginning of the week there was speculation about a potential return to the ring of the legendary QB of the New England Patriots and the Tampa Bay Buccaneers with an offer from the New York Jets to replace the seriously injured, Aaron Rodgers, it seems that the plans of Brady does not have to put on the gloves again. At the beginning of the year, just when his retirement was announced, it became public that the California native had been in negotiations to become a shareholder in the Las Vegas Raiders, after receiving an offer from the owner, his friend Mark Davis. It seems that the Negotiations would be at a standstill.
According to several sources reported to the US media, the sale of that minority stake has not yet taken place. Some insiders report that a vote to decide whether to include Brady in the Raiders’ ownership could take place in the coming weeks, before the Fall League Meeting in October. However, several sources allude that the delay in this vote would be due to Brady’s financing when paying for the package, in addition to all the information about a possible purchase still to be shared among the franchise board. At the moment, there would be no guarantee that the acquisition process will be completed in October, which would lead to a final meeting at the Winter League Meeting where Brady, now, definitively closes the process of entering the NFL offices.
According to the official NFL portal, “any limited partner of an NFL team, regardless of the size of the stake they intend to purchase, must be approved by a three-quarters majority of the votes of the owners.” That vote has not yet occurred on Brady’s pending purchase of the Raiders. The transaction remains under review in accordance with the normal process for approving the acquisition of the new property.
Definitive removal of the lights
If Tom Brady finally manages to become a shareholder of the Las Vegas Raiders, the NFL would close the doors to a potential return to its legendary quarterback. The league is clear in that regard. According to the recently updated statutes of the competition, buying a stake in an NFL franchise, no matter the size of the franchise you intend to buy, would prevent the owner from being able to play for another team in the competition.
2023-09-20 10:06:26
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