Tom Brady’s bid for minority ownership of the Las Vegas Raiders remains alive and well, according to a new report.
Mark Maske of The Washington Post reported Wednesday that it is still viewed as “better than 50-50” that Brady’s ownership bid will ultimately be ratified. Maske added that it is possible for this to happen at the next owners meeting in October, but there is a chance a special meeting could take place at some point in the summer to deal with private equity investment.
Brady’s bid has been pending for a very long time. Concerns arose late last year, however, that Brady was purchasing his stake at a heavily discounted price, which was an issue for other owners. Little movement has taken place since, but everyone involved still seems to think the deal will ultimately happen.
There are also some other issues to work through before Brady’s purchase can be finalized. For instance, there are some conflict of interest concerns in relation to Brady’s new career.
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