Tom Brady is getting closer to owning a part of the Las Vegas Raiders. NFL commissioner Roger Goodell gave an update this week.
All the team owners were supposed to vote on whether Brady could invest in the team, but they didn't. Last year, Brady agreed with Mark Davis, the owner of the Vegas team, that he would buy a small part of the team. We don't know all the details of their agreement. But Jim Irsay, who owns the Indianapolis Colts, hinted that Brady might get 10% of the team at a special price.
Last October, when the deal was first delayed, Irsay said: "We're trying to work it through. The number just has to be a reasonable number for purchase price from Tom, is the only thing. If reasonable value says ... that 10 percent should be $525 million, you can't pay $175 million."
The deal has been delayed again, and it seems Brady still doesn't have enough support from the other team owners. He needs 24 out of the 32 NFL team owners to say yes to the deal before it can happen. This week, Goodell mentioned that the deal with Brady isn't facing a setback. Instead, they are just sorting things out.
He explained: "I wouldn't say it's a delay. We go through a very thorough process. We're just going through our process. We've been in touch with their side. I think it's been making progress." Brady might be getting a special price on his deal, and his big move to FOX network could be affecting talks too.
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After playing football, Brady will start talking about it on TV this September. He has a huge 10-year deal with FOX for $375 million to be an analyst, but this could change his Vegas plans. Some team owners were worried last year about having someone who owns part of a team also talk about games on TV. People thought Brady might put off his FOX deal, maybe even for good.
Mark Davis agreed a minority investment deal with Tom Brady last summer (Getty Images)But he said earlier this month that he'll be the main analyst for FOX this autumn. Brady shared: "I believe I can provide a pretty unique perspective that I think a lot of people will really like. It's going to be a lot of hard work. It's going to be a lot of fun. It's always about challenging yourself to grow in different areas. And this is certainly one way that I'm doing it."
He also said, "[I've done] a lot of studying, a lot of research, a lot of talking to a lot of friends who are in the business and that have gone through their own growing pains."
And added, "Reaching out to some of the best in the industry that have given me some great advice and then just going in there and just doing dry runs and practice. It's been really fun. It's been a different challenge. Fortunately, I think there's a database of knowledge that's been built up over 23 years of sitting in meeting rooms and being in game-plan meetings."
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