- A deal for Tom Brady to buy a stake in the Raiders was announced in May
- But the deal has still not been approved more than four months later
- DailyMail.com provides all the latest international sports news
Tom Brady’s proposed deal to purchase a minority stake in the Raiders has reportedly stalled, with the NFL’s finance committee said to be concerned about the discounted price Las Vegas owner Mark Davis is offering Brady.
Brady’s Raiders deal, which is believed to be for 5-10 percent of the franchise according to the Washington Post, was announced in May.
But according to the publication, the deal is unlikely to be ratified at the next owners’ meeting from October 17-18 – with one unnamed source saying that Davis could be giving Brady as much as a 70 percent discount.
The Post also cited Brady’s Fox NFL broadcast deal as a factor that could be a sticking point to some, while a newly-ratified measure could also be a problem.
According to the Sports Business Journal, owners agreed in July to prohibit team employees who are not family members of the owner to become minority stakeholders in franchises. That move would block Brady from taking another Raiders role or even making a comeback to the field.
Tom Brady’s deal to buy a piece of the Las Vegas Raiders is reportedly being held up
![Mark Davis, the team's owner, is said to be offering a huge discount to the former quarterback](https://i.dailymail.co.uk/1s/2023/10/05/20/76221151-12599599-image-m-58_1696535837796.jpg)
Mark Davis, the team’s owner, is said to be offering a huge discount to the former quarterback
Nonetheless, a source told the Post that committee members ‘want this deal to go through, with a compromise on price potentially possible.
Any ownership sale involving an NFL franchise must be approved by at least 24 of 32 owners.
The owners’ next meeting after their October session is from December 12-13.
Brady and Davis previously joined forces on a deal for the seven-time Super Bowl winner to buy a piece of the WNBA’s Las Vegas Aces, which Davis owns as well.
That deal was also announced in March, and was approved by the WNBA this week.
![Brady and Davis are already in business together via the Las Vegas Aces, which Davis owns](https://i.dailymail.co.uk/1s/2023/10/05/20/76221147-12599599-image-a-55_1696535796229.jpg)
Brady and Davis are already in business together via the Las Vegas Aces, which Davis owns
However, a deal to purchase a piece of the Raiders would be far more expensive, with Forbes valuing the Raiders at an estimated $6.2billion.
Brady made over $330million in playing salary during his storied 23-year career with the Patriots and Buccaneers, and signed a reported $375million deal with Fox to join their NFL broadcasts.
He last played in January – in a first-round playoff loss for the Buccaneers – before retiring for a second time in February.
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