Tom Brady could soon be back in the NFL world, but this time as an owner instead of an active player.
The retired quarterback was reported to be in discussions to purchase a minority stake in the Raiders a few weeks ago. During Monday’s NFL spring meetings, the sale was agreed on by both sides and submitted to the NFL for approval, per Sports Illustrated’s Albert Breer.
The finalization of the sale won’t occur this week, but this is the next step that needed to be taken. If the sale is ratified, then Brady will be allowed to purchase the stake from the Raiders’ primary owner, Mark Davis.