Since retiring following the 2022 NFL season, legendary quarterback Tom Brady has been trying to gain approval to become a part owner of the Las Vegas Raiders. He has not received that approval in over a year, and it sounds like he’s going to have to keep waiting.
According to a report from Mark Maske of the Washington Post, the NFL owners are not expected to vote to accept Tom Brady as a league owner during their meetings this week.
“It’s doubtful that NFL owners will take an approval vote during their meeting Tuesday and Wednesday in Nashville on Tom Brady’s proposed deal for part-ownership of the Raiders. It’s possible but unlikely, two sources say. The deal remains pending before the NFL finance committee,” Maske said in a post on X, the social media website that was formerly known as Twitter.
If NFL owners do not vote this week on Tom Brady’s proposed deal for part-ownership of the Raiders, their next scheduled meeting is in October. So barring an unexpected vote this week or a special owners’ meeting this summer, the wait will continue for approval of Brady’s deal.
— MarkMaske (@MarkMaske) May 20, 2024
“If NFL owners do not vote this week on Tom Brady’s proposed deal for part-ownership of the Raiders, their next scheduled meeting is in October. So barring an unexpected vote this week or a special owners’ meeting this summer, the wait will continue for approval of Brady’s deal,” Maske said in a follow-up post.
Obviously, this is pretty brutal news for Brady as he has not been approved as an owner despite agreeing to join the ownership group over a year ago.
The other league owners seem to have multiple hangups preventing them from voting on Brady’s potential ownership, including a major discount Brady received on his purchase as well as his current job as an analyst with Fox.
We’ll have to see if Brady’s ownership stake is ever approved.