Tom Brady In Talks To Become Limited Raiders Partner
NFL legend Tom Brady is in deep discussions to become a limited partner of the Las Vegas Raiders, sources told ESPN -- potentially his second foray into a partnership with Raiders owner Mark Davis on a professional sports franchise in less than two months.
Discussions between the two sides have been going on for weeks and could soon be reaching a resolution, yet sources say it's still an extremely sensitive and fluid negotiation. Brady's investment is expected to be "passive," a source with direct knowledge of the situation says, and he would not have any operational control or authority over the club in business or football matters.
The NFL declined to comment. A Raiders spokesperson didn't return calls or texts. Brady's agent, Don Yee, declined comment.
In late March, Brady announced that he had purchased a stake in the WNBA's Las Vegas Aces, a team also primarily owned by Davis.
Even if Brady and Davis are able to agree to terms, at least 24 current team owners would have to vet and approve Brady's limited partnership, as is the case with all minority and majority owners.
It's believed that Brady's 10-year, $375 million contract with Fox, which is due to start in 2024, would be unaffected by an investment in the Raiders. A source told ESPN that Fox has "blessed" the arrangement.
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