Tom Brady’s attempt to purchase a stake in the Las Vegas Raiders is facing significant delays. According to Mark Maske of the Washington Post, it’s unlikely that a vote on the deal will happen during this week’s meetings in Nashville. The agreement, initially made in February 2023, has yet to be approved by the league after 15 months.
One major issue is the rule against giving equity to employees, which was passed despite opposition from Raiders majority owner Mark Davis. Brady’s discounted purchase price is another concern. Additionally, his role as Fox’s top game analyst presents a conflict of interest. As an owner, Brady would have access to sensitive information about other teams, which complicates his broadcasting duties.
The NFL recently stated that Brady can cover any game for Fox because he’s not yet an owner. However, this could change if his ownership bid is approved. The league may require Brady to choose between being a Raiders’ minority owner or a broadcaster, but not both. This decision isn’t about his legacy as a player but about setting a proper precedent. At least nine NFL owners need to step up and make a call that Brady’s close circle might not be willing to make.