Tom Brady officially a part of Raiders’ ownership team

[IcyPatriot]

Tom Brady officially a part of Raiders’ ownership team

NFL owners’ approve GOAT’s piece of Raiders’ pie

www.silverandblackpride.com

Mr. Tuck Rule and Raiders’ owner Mark Davis agreed on Brady buying a piece of the team in May, 2023. Now, it’s official. In March, 2023, Brady became a partial owner of the Las Vegas Aces of the WNBA, their majority owner is Davis.

Mr. Tuck Rule

Tom Brady officially a part owner of the Raiders after NFL owners approve it

The former Patriots and Buccaneers QB is now part of NFL ownership.

sports.yahoo.com

 

[Bill Lee]

Sports Illustrated reported Brady will own five percent of the team, his business partner Tom Wagner will own five percent and 0.5 percent will be owned by Seymour.

Raiders valued at around 6 billion so Tom is getting something worth around $300M and is said to not be paying retail prices. Interesting that he got his business partner a similar slice and Sey got himself a taste too.

 

[maust]

I'm not sure what impact this will have on his preparation for FOX broadcasts but I'm thrilled Big Sey is getting a piece of ther action.

 

[NFL Mystique]

Was Fox aware of this before hiring him? Because Brady won't be permitted to sit down with players and coaches beforehand. I'm unsure if he can even do Tony Romo type interviews that air live to the public.

 

[ahmed]

My number 1 question is how did he pay for this? From Forbes, Raiders are worth $6.7B in 2024. If you use evaluation from 2023 (when deal struck), it was $6.2B. Saw other estimates at higher and franchises tend to sell for more than these estimates.

Reporting says he bought 5% just for himself, that is $310M - $335M. Tom's networth is likely less than $400M and most of it would not be liquid.

I know he got a discount but it was reduced from the 70% it was supposed to be which is probably why he bought 5% instead of 7% reported in 2023. He has a partner that got 5% (hedge fund or private equity). Did he get an interest free loan from the partner to cut him in on the deal? Only thing I can think of. Not many banks would give him a loan the equivalent of his networth and the interest carry on that in this environment would be massive (at least 5-7% interest rate).

I know people don't care about this stuff but that's where my head always goes in money deals.

 

[ahmed]

Raiders valued at around 6 billion so Tom is getting something worth around $300M and is said to not be paying retail prices. Interesting that he got his business partner a similar slice and Sey got himself a taste too.

I think the only way he would cut his business partner in on this is if he helped Brady pay for this or gave him an interest free loan or something like that. There would ne no other incentive for Brady to cut in somebody else at the same discount that Brady got.

 

[signbabybrady]

 

[signbabybrady]

Still incomplete

 

[Zuma]

I hate this

 

[archstanton543]

I couldn't care less.

 

[rjw]

It’s funny to me, because I know he lives rent free in some Raiders fans heads.

 

[XLIX]

Was Fox aware of this before hiring him? Because Brady won't be permitted to sit down with players and coaches beforehand. I'm unsure if he can even do Tony Romo type interviews that air live to the public.

Fox won’t give 2 craps about any of that so long as he draws viewers, which he is seemingly doing so far.

 

[Brick27]

Was Fox aware of this before hiring him? Because Brady won't be permitted to sit down with players and coaches beforehand. I'm unsure if he can even do Tony Romo type interviews that air live to the public.

Haven’t seen anything clear cut on the Fox stance, but did see the league has sanctioned him from being in the production meetings and team facilities from the start of this.

If I’m Fox, this is a huge WTF. Would assume they paid to have an all-in Brady for commentary when determining his deal. Not a surface level Brady who can’t go through the standard rigors of broadcast prep and has to skate around everything being vocalized on each broadcast. Will see what Fox has to say, but why would they not want to maximize his value to them instead of getting Brady lite? Maybe it just comes down to getting eyeballs for them and this can still do that.

 

[Tunescribe]

Yup, so much for that. Just goes to show that even the GOAT's values are relative and negotiable.

 

[signbabybrady]

Fox won’t give 2 craps about any of that so long as he draws viewers, which he is seemingly doing so far.

I choose what games to put on based on a combination of best matchups, relevancy to our playoff chances (obviously not a lot lately), and best players to watch. Zero consideration for who's broadcasting. But I guess we aren't the average viewers.

 

[signbabybrady]

Should Kraft have sold him a piece here?

 

[vicspats]

My number 1 question is how did he pay for this? From Forbes, Raiders are worth $6.7B in 2024. If you use evaluation from 2023 (when deal struck), it was $6.2B. Saw other estimates at higher and franchises tend to sell for more than these estimates.

Reporting says he bought 5% just for himself, that is $310M - $335M. Tom's networth is likely less than $400M and most of it would not be liquid.

I know he got a discount but it was reduced from the 70% it was supposed to be which is probably why he bought 5% instead of 7% reported in 2023. He has a partner that got 5% (hedge fund or private equity). Did he get an interest free loan from the partner to cut him in on the deal? Only thing I can think of. Not many banks would give him a loan the equivalent of his networth and the interest carry on that in this environment would be massive (at least 5-7% interest rate).

I know people don't care about this stuff but that's where my head always goes in money deals.

So how are you sure Toms only worth 400 million ? Where did you get that number ?

 

[vicspats]

Yup, so much for that. Just goes to show that even the GOAT's values are relative and negotiable.

Money talks, ******** walks

 

[vicspats]

Should Kraft have sold him a piece here?

Exactly… keeps adding to the Kraft legacy

 

[Tunescribe]

Should Kraft have sold him a piece here?

As a symbolic gesture? No.