Raiders Rumors: Tom Brady Ownership Expected to Get Approval Vote Before Season Ends

Tom Brady's ownership saga with the Las Vegas Raiders might be nearing a conclusion.

Ian Rapoport of NFL Network reported Sunday that Brady's bid to become a limited partner with the Raiders "could be voted on and approved by league ownership as early as October." Though it could drag on into December, Rapoport wrote the matter is expected to be resolved by the end of the NFL season.

Pro Football Talk's Mike Florio first reported in July 2023 that a new rule approved by NFL owners presented Brady and the Raiders with a hurdle. The legendary quarterback couldn't simultaneously purchase an ownership share and work for the team. He'd have to choose one role over the other. Players and team employees are now prohibited from gaining an equity stake in a franchise.

Then the two sides had to reportedly renegotiate how much Brady would invest so it's more in line with the Raiders' valuation. The original price was considered to be as much as 70 percent below the market value.

Brady's burgeoning media career with Fox was another subplot. ESPN's Seth Wickersham reported in August the 47-year-old's access as an analyst for Fox will be limited thanks to becoming a partial team owner. His criticism in the booth will need to be more measured as well since there are restrictions on how much people within the NFL are allowed to comment negatively on referees and other teams.

Given how many hoops they've had to jump through, the Raiders and Brady really want to make this happen. In a few months, their partnership should be formalized.