As the saying goes, “Once a Raider, always a Raider.” However, Tom Brady is still not yet a Raider — and still won’t be. For now.
Via Mark Maske of the Washington Post, today’s special ownership meeting won’t include a vote on Brady’s bid to buy a piece of the Raiders.
Per Maske, the issue remains pending before the league’s finance committee. It could land on the agenda for the October meeting.
Brady’s deal to buy a portion of the Raiders first was reached in early 2023.
As PFT reported in July, Hall of Famer Richard Seymour and Brady have joined forces in their effort to buy a piece of the Raiders. Together, and with their partners, they would own 10.4 percent of the team.
Today’s meeting primarily relates to the potential rule allowing private equity investment in teams. In theory, owner Mark Davis could decide not to proceed with Brady and Seymour and sell their 10 percent for more money to a private equity fund. While there’s no reason to believe he’d actually do that, the new rule (if passed) could prompt some owners to think twice about pending transactions involving small slices of the total team equity.
Lights, camera, action – cue the Rolling Stones’ "Start Me Up," because we’ve got fire on the gridiron stage! It’s a day dripping with anticipation, as legend Tom Brady’s attempt to join the ranks of the Silver and Black faithful has hit a dramatic pause button.
Word from the Warriors’ Nest
Today, an extraordinary NFL ownership gathering is buzzing with the hot gossip, but guess what? We are NOT talking about Brady’s bid to buy a slice of the Las Vegas Raiders pie. That’s right — the ghost we’re chasing is still elusive. According to the rumor mill, the matter remains entangled in the league’s finance committee and MIGHT sneak into the October playbook.
The Historic Handoff – Brady and Seymour Teaming Up!
It’s as if two titans have collided! Picture this: Tom Brady and Raiders legend Richard Seymour, both Hall of Famers, joining forces like Thor and Captain America. These football demigods, along with their partners, are eyeing a juicy 10.4% share of the team. A pact first inked in early 2023, when autumn leaves colored their deal.
A Meeting of Minds: Dollars, Decisions, and Drama
Today’s meeting, folks, is brimming with discussions that might change the League’s financial cosmos. Imagine a new rule allowing private equity stakes in teams. Yes, just like you’d see in a Wall Street thriller! This could mean seismic shifts. Will current owner Mark Davis pull a rabbit out of the hat and ditch Brady and Seymour’s offer for a gold-laden private equity fund? It’s a tantalizing possibility that has the rumor radar pinging!
Ahí la dejo: The drama is thicker than a blockbuster play, and as the echoes of today’s decisions reverberate, one thing’s for sure – the road to becoming a Raider remains a wild, unpredictable ride for the GOAT. Buckle up, fans!
We’re perched at the edge of our seats, hearts pounding and eyes glued, waiting for the next update in this unfolding NFL thriller. Stay tuned, aficionados, because every snap, decision, and handshake has the potential to change the face of the team we revere.
Keep the faith Raider Nation – the Silver and Black saga continues!
