Despite his retirement, Tom Brady continues to be a talking point. Although there was speculation earlier this week about a possible return of the legendary QB of the New England Patriots and the Tampa Bay Buccaneers to the ring with an offer from the New York Jets to replace the seriously injured Aaron Rodgers, it seems that Brady has no plans have to put it on again. Earlier this year, just as his retirement was announced, it was revealed that the California native was in negotiations to become a shareholder in the Las Vegas Raiders after receiving an offer from the owner, his friend Mark Davis, that the negotiations would come to a standstill.
According to several US media reports, the sale of this minority stake has not yet taken place. Some insiders are reporting that a vote on whether to add Brady to the Raiders’ ownership could take place in the coming weeks, before the Fall League meeting in October. However, multiple sources indicate that the delay in this vote is due to Brady’s financing in paying for the package, in addition to any information about a possible purchase that has yet to be communicated to the franchise board. Currently, there would be no guarantee that the acquisition process will be completed in October, which would lead to a final meeting at the Winter League Meeting, where Brady now finally completes the process of entering the NFL offices.
According to the official NFL portal, “every limited partner of an NFL team, regardless of the size of the share he wishes to acquire, must be approved by a three-quarters majority of the owners’ votes.” There has not yet been a vote on Brady’s upcoming purchase of the Raiders . The transaction will continue to be reviewed in accordance with the normal procedure for approving the acquisition of the new property.
Final removal of lights
If Tom Brady finally manages to become a shareholder in the Las Vegas Raiders, the NFL would close the doors on a possible return to its legendary quarterback. The league is clear on this. According to the competition’s recently updated bylaws, purchasing an interest in an NFL franchise, regardless of the size of the franchise you wish to purchase, would prevent the owner from playing for another team in the competition.