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Mr. Scot

By Mr. Scot,
in Carolina Panthers

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CanadianCat Veteran

CanadianCat

Posted
Posted
9 minutes ago, ladypanther said:

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.

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. Sources said that league policy about team ownership overlapping with media employment comes into play only if the owner holds a position of authority at the media company and could impact broadcast rights negotiations. Fox and the NFL agreed to an 11-year rights deal in 2021.

This is not the first time the seven-time Super Bowl champion has shown interest in owning a minority stake in an NFL franchise. In 2021 and 2022, Brady reportedly had discussions with the Miami Dolphins about becoming a limited partner. 

https://www.espn.com/nfl/story/_/id/37610959/sources-tom-brady-talks-become-limited-partner-raiders

 

Brady can afford this now because of his divorce settlement $$ he is getting from Giselle??? ha!

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tukafan21 Grand Master

tukafan21

Posted
Posted
42 minutes ago, ladypanther said:

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.

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. Sources said that league policy about team ownership overlapping with media employment comes into play only if the owner holds a position of authority at the media company and could impact broadcast rights negotiations. Fox and the NFL agreed to an 11-year rights deal in 2021.

This is not the first time the seven-time Super Bowl champion has shown interest in owning a minority stake in an NFL franchise. In 2021 and 2022, Brady reportedly had discussions with the Miami Dolphins about becoming a limited partner. 

https://www.espn.com/nfl/story/_/id/37610959/sources-tom-brady-talks-become-limited-partner-raiders

 

This is surprising to me, odds are he doesn't have the cash on hand to buy too significant of a stake in the team, which if that's the case, I'm surprised that Kraft doesn't offer up to Brady the same percentage stake in the Patriots.

With what NFL franchises are selling for, even $200 Million would probably only be between 5% of the franchise, if even that much, gotta think the Raiders are worth more than the Redskins that just sold for $6 Billion or the Broncos that went for $4 Billion.

I'd think 5% of the Patriots would be worth it to Kraft to keep Brady in the family and not have him now tied at the hip to another franchise, particularly in the AFC.  Especially since he wouldn't be just giving it to him for free, he'd make a couple hundred million on it (and that's if he's even investing that much, could be even less).

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