It’s no secret that Tom Brady has been extremely active off the field in his personal ventures. His TB12 brand is bigger than ever, providing a variety of supplements, sports drinks, and equipment; that alone made $22 million last year. He also just signed a 10-year, $375,000,000 broadcasting deal with Fox to become their lead color commentator this coming season. Yes, TB12 is crushing it off the field.
In recent years, Brady has expressed serious interest in owning at least part of an NFL franchise and has gone on record with a formal offer to become a 10% owner of the Las Vegas Raiders, which has ruffled some feathers amongst some of the NFL elite. A few details emerged recently that will probably stoke those resentments, as there was somewhat of a positive update regarding Tom Brady’s status on being able to go through with the purchase. The “update” of sorts came from the most unlikely of places: NFL Commissioner Roger Goodell.
NFL's approval of Tom Brady's purchase into Raiders 'making progress.'
That and more from commissioner Roger Goodell yesterday at the NFL owners meetings. https://t.co/r8GQkO1idl
— Jeremy Fowler (@JFowlerESPN) March 27, 2024
Last week in Orlando at the yearly NFL League Meetings, media members asked Goodell if Brady’s bid to become part owner of the Raiders had been discussed or voted on (something required for a team sale/purchase). Goodell said when asked if Brady’s ownership stake was being “delayed” that the League goes through an intensive process during the transfer of any sort of ownership stake and that even though it had been 10 months since the formal agreement had been made, he felt the approval was “making progress”.
Brady’s potential ownership stake, and any manner of NFL Ownership/transfer requires a 2/3 majority vote on the matter, which normally takes place at the NFL League meetings held in Orlando. Since last week’s meetings didn’t bring any movement in the process, it’s fair to assume Tom Brady will be waiting quite a bit longer, barring a major shift in tradition.
There have been questions about Brady having a conflict of interest as a minority owner as he makes his way to the broadcast booth, so I am sure that is also being added to the kindling as reasons the Billionaire Boys Club of NFL Owners isn’t exactly jumping at the chance to let Tom through the velvet rope. We will definitely keep our ear to the ground for any news on the former Bucs’ legend and bring it to you as it happens.
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