Tom Brady dominated most of the NFL when he was a player, but he's going to have to wait a little bit longer if he wants to try his luck as an owner.
Brady's proposal to purchase a minority ownership stake in the Las Vegas Raiders has stalled because the NFL's financing committee is concerned about the discounted price that Raiders majority owner Mark Davis is giving the NFL legend, according to a report by The Washington Post.
Related: Tom Brady Is Now The Minority Owner of Another Pro Sports Team
Reports about Brady's desire to purchase a stake in the Raiders began in May, three months after Brady announced for the second time that he would retiring from the NFL.
Davis is reportedly offering Brady somewhere around 5 to 10 percent of stake in the Raiders, but the discount is reportedly as much as 70% of the price. The Raiders are the sixth-highest valued NFL franchise at $6.2 billion, according to Forbes. Sportico ranks the Raiders at 10th with a valuation of $5.77 billion.
The Post also reported that according to one anonymous source, there are other issues beyond price that are stalling the talks for Brady's ownership quest.
In order for any ownership sale in the NFL, the deal must be ratified by at least 24 of the 32 NFL owners. It is not expected Brady's proposal will receive that approval rating when the owners meet from Oct. 17-18 in New York.
The seven-time Super Bowl winner made $332 million throughout his 23-year NFL career. Forbes estimates that he made another about $530 million in his NFL career when including endorsements. Brady is also expected to join the broadcast booth at Fox (FOX) -) beginning in 2024 on a 10-year deal worth $375 million.
He also has a minority stake in a few other sports teams already. He purchased a Major League Pickleball team last year, and in August, acquired a stake in Birmingham City FC, a soccer team in the England's second division.
Off the field, Brady has other business engagements such as 199 Productions, the media company he started in 2020 that has produced films such as "80 for Brady."
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