Tom Brady could be about to add to an NFL résumé that hardly needs bolstering. The league’s team owners are set to gather at a hotel here Tuesday for a one-day meeting and are scheduled to consider Brady’s proposed deal to become a part owner of the Las Vegas Raiders.
The transaction, which has been pending before the NFL finance committee since last year, must be approved by at least 24 of the 32 owners. If that happens Tuesday, Brady would join the NFL’s ownership ranks at 47, a little more than 20 months after ending a playing career that included seven Super Bowl triumphs. And he would do so in his first season of serving as the lead analyst on Fox’s NFL game broadcasts.
Brady and Tom Wagner, the co-founder of Knighthead Capital Management, are believed to be attempting to purchase approximately 10 percent of the Raiders. The sale price is not known, but that was a significant issue for the finance committee during the approval process.
Brady would not be expected to have an active role in the Raiders’ daily operations. His ownership status would effectively end any notion about returning to the field for a team with championship aspirations. Under NFL rules, any employee of a team who is not a family member of the owner is prohibited from holding a stake in the franchise.