Despite agreeing to become a part owner of the Las Vegas Raiders more than a year ago, Tom Brady has still not been approved by the league, and it doesn’t sound like that approval is going to come at the league’s next meeting, either.
According to a report from Mark Maske of the Washington Post, it’s “unlikely” that NFL team owners take a vote to approve Tom Brady as a part owner of the Raiders unless something changes at the last minute.
“NFL team owners are unlikely to take a vote at next week’s annual league meeting to approve Tom Brady’s bid to become a part owner of the Las Vegas Raiders, two people familiar with the owners’ deliberations said Tuesday,” Maske wrote for the Washington Post on Tuesday.
“The prospective deal by which Brady, the seven-time Super Bowl-winning quarterback for the New England Patriots and Tampa Bay Buccaneers, would purchase a minority ownership stake in the Raiders under principal owner Mark Davis remains on hold, barring a last-minute change next week.”
The deal appears to be on hold for several reasons including a rule prohibiting owners from giving equity to employees, the fact that Brady is getting a massive discount on the sale, and Brady’s upcoming career as an analyst for Fox.
It appears he’s going to have to just keep waiting, even though the deal was agreed to more than a year ago.
