Tom Brady's FOX job could affect $6,200,000,000 Raiders ownership bid, per insider: "Some teams vehemently opposed"
NFL legend Tom Brady is actively preparing for his next chapter of life - as a broadcaster. He will start the $375 million FOX job in September. Brady is also in line to become the part-owner of the Las Vegas Raiders, who were valued at $6.2 billion by Forbes last year, but there could be delays and holdups.
Speaking on The Rich Eisen Show, NFL Network's Tom Pelissero said that many teams have taken an issues with Brady becoming the owner of the Raiders along with his FOX broadcasting job. [From 1:37]
"I would say there are some teams, I've talked to them that are vehemently opposed to Tom Brady, being an equity partner, being a part owner of a team and broadcasting games. They simply don't want to have it."
Pelissero added:
"They're not going to let him into production meetings. They don't want somebody on, talking about their team who's owner of another team. There are some teams that have taken a real hard line saying 'we are not going to vote for this no matter what.'"
The NFL team owners will come together at the league meeting in Nashville on Tuesday and Wednesday. They are expected to vote to allow private equity firms to invest in NFL teams.
The Washington Post's Mark Maske reported that it's "doubtful" that the NFL team owners will vote on Tom Brady.
.If Tom Brady has to become the part-owner of the Las Vegas Raiders, he will need atleast 24 of the 32 NFL team owners to vote in his favor.
How much of Raiders is Tom Brady looking to buy?
Mike Florio of Pro Football Talk reported in October that Brady was viewing 5-10% share of the Las Vegas Raiders. Florio further mentioned that team owner Mark Davis was offering a 10% stake for $175 million.
Indianapolis Colts owner Jim Irsaid raised alarm on the valuation and said that the investment had to be a "reasonable number for purchase price." Sportico valued the Las Vegas Raiders at $5.77 billion and Forbes had them at $6.2 billion.
In February 2024, Sportico reported that Brady's ownnership group was looking to buy 10% of the franchise.
Knighthead capital co-founde Tom Wagner is part of the ownership group. From the 10% stake, Brady will get a 7% share.