Approximately ten months ago, initial reports surfaced indicating that former NFL star Tom Brady had reached an agreement to acquire a portion of the Raiders However, due to complications surrounding the terms of the sale, progress was stalled.
About a month ago, it was announced that these issues had been resolved, and the sale awaited approval pending a vote at the annual league meetings in Orlando from March 24-27. However, a recent report from Mark Maske of The Washington Post contradicts this, stating that the league is no longer expected to vote on the sale next week.
The latest report did not offer any new insights, but it is believed that a conflict of interest arising from Brady’s broadcasting contract with FOX is the likely reason for the delay. Brady inked a lucrative 10-year, $375 million deal set to commence in 2024, positioning him as the network’s primary color commentator alongside top play-by-play announcer Kevin Burkhardt.
Teams are typically wary of individuals with ownership stakes in rival franchises having access to privileged information often available to broadcasters. However, there are no indications that Brady’s access will differ from that of his media counterparts. With no resolution in sight, it is presumed that this potential conflict of interest remains a significant hurdle.
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