The holdup with Tom Brady’s deal to purchase a stake in the Las Vegas Raiders likely goes beyond concerns about his Fox broadcast role. Brady, who recently admitted regret over his Netflix roast as it affected his children, has been in talks with Raiders owner Mark Davis for over a year. Despite gaining approval to buy a stake in Davis’ WNBA team, the Las Vegas Aces, Brady’s NFL approval for the Raiders keeps falling short.
The proposed deal has been rejected by the finance committee multiple times, with no clear timeline for final approval. The value of the Raiders has been on the rise, making the potential deal even more significant. While progress has been made behind closed doors, concerns about Brady’s role with Fox and potential conflicts of interest remain.
NFL Commissioner Roger Goodell acknowledged that progress is being made but emphasized the need to address potential competitive advantages or suspicions. The conflict-of-interest question has been a key factor in the delay, with NFL owners cautious about the impact of Brady’s involvement on the franchise.
As the NFL considers changes to accommodate investments from private equity firms, Brady’s deal with the Raiders serves as a test case for selling off pieces of franchises to minority stakeholders. The ongoing review of Brady’s proposal mirrors the drama of a high-stakes game, with no clear resolution in sight.
