Brady in discussions to become minority owner of Raiders

[LadyStanley]

Tom Brady reportedly in 'deep discussions' to become minority owner of Raiders

After 23 years as a player, it took just three months for Brady to try to join the NFL's ownership class.

sports.yahoo.com

Interesting. Some great football knowledge could be tapped.

Click to read more...

 

[TheGreenTBer]

Maybe he could teach Davis about the wide world of haircuts

 

[MMC]

 

[LadyStanley]

Next step, owners

 

[oknazevad]

I'd imagine this scuttles his planned Fox Sports analyst job. Too much conflict of interest otherwise.

 

[TheGreenTBer]

I'd imagine this scuttles his planned Fox Sports analyst job. Too much conflict of interest otherwise.

Why would anyone give up a ton of guaranteed money to sit in a board meeting with Mark Davis's ghoulish face, that's beyond me man

 

[LadyStanley]

Tom Brady's Raiders ownership stake stalled over discount price he was given

Tom Brady might have to wait a while longer to become a part owner in the NFL.

sports.yahoo.com

Don't like the "discount" eh?

 

[LadyStanley]

Tom Brady Still Expected to Join the Raiders as a Minority Owner - Raiders Beat

Tom Brady’s initial effort to join the Raiders as a minority owner was vetoed...

www.raidersbeat.com

Raiders worth $6.2B. Davis was offering Brady 10% ownerahip at $175m. Owners said no.

But looks like it's a matter of when, not if.

 

[StreetHawk]

Tom Brady Still Expected to Join the Raiders as a Minority Owner - Raiders Beat

Tom Brady’s initial effort to join the Raiders as a minority owner was vetoed...

www.raidersbeat.com

Raiders worth $6.2B. Davis was offering Brady 10% ownerahip at $175m. Owners said no.

But looks like it's a matter of when, not if.

If it was say 1%, maybe the owners would be ok with that number. But, not at 10% where you are short nearly half a billion dollars based on market value.
Plus, Davis does not own a major chunk of the team. Other families have interests in the team, but I guess similar to Cuban's sale of the Mavs, it's the Davis family that is in control of the franchise.

 

[Voight]

If it was say 1%, maybe the owners would be ok with that number. But, not at 10% where you are short nearly half a billion dollars based on market value.
Plus, Davis does not own a major chunk of the team. Other families have interests in the team, but I guess similar to Cuban's sale of the Mavs, it's the Davis family that is in control of the franchise.

AFAIk Davis owns 47%, so unless the owners of the other 53% band together and force a coup he's safe. They could very well be the type of people who don't really care how the team performs given the money they make.

Or Al Davis' Ghost haunts them every night.

 

[mouser]

I never thought Mark Davis was a smart cookie, but surely one of his accountants could explain to him why giving up $400m+ in franchise equity to get Tom Brady as a 10% owner is a bad financial move?

 

[LadyStanley]

Tom Brady has reportedly cleared final parameters to become limited owner of Raiders

Tom Brady is expected to purchase a 7% stake in the Raiders.

sports.yahoo.com

Brady's group expected to purchase 10% of team with $5.8b valuation, with Brady personally owning 7%. Final finance committee approval expected early March and sale finalized at league meetings late March.

Purchase would officially make Brady retired as active players cannot own team.

 

[StreetHawk]

Tom Brady has reportedly cleared final parameters to become limited owner of Raiders

Tom Brady is expected to purchase a 7% stake in the Raiders.

sports.yahoo.com

Brady's group expected to purchase 10% of team with $5.8b valuation, with Brady personally owning 7%. Final finance committee approval expected early March and sale finalized at league meetings late March.

Purchase would officially make Brady retired as active players cannot own team.

Brady getting a deal. Figured the Raiders brand is worth more than the Commanders. Mark Davis dropping his share down to 37%. But, so long as he maintains control of the team, I guess that's all he cares about.