{"id":438359,"date":"2023-10-20T05:33:26","date_gmt":"2023-10-20T05:33:26","guid":{"rendered":"https:\/\/yebscore.com\/news\/?p=438359"},"modified":"2023-10-20T05:33:26","modified_gmt":"2023-10-20T05:33:26","slug":"reports-tom-brady-got-a-discount-in-raiders-stake-here-is-the-revealed-price","status":"publish","type":"post","link":"https:\/\/yebscore.com\/news\/reports-tom-brady-got-a-discount-in-raiders-stake-here-is-the-revealed-price\/","title":{"rendered":"Reports: Tom Brady Got A Discount In Raiders Stake, Here Is The Revealed Price"},"content":{"rendered":"<p>Tom Brady has a well-established interest in owning a portion of the Raiders team, but the NFL owners have not yet authorised the arrangement. Jim Irsay, the owner of the Colts, objected to Brady&#8217;s share price, saying it was too big of a discount for a 10% ownership position in the team.<\/p>\n<h2>Reports: Tom Brady Got A Discount On Raiders Stake, Here Is The Revealed Price<\/h2>\n<p>According to a story from Ben Volin of The Boston Globe, former NFL quarterback Tom Brady is apparently looking to pay as little as $175 million for a 10% ownership in the <a href=\"https:\/\/www.raiders.com\">Raiders<\/a>. This amount is supposedly a huge bargain given the team&#8217;s valuation.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Raiders fans: \u201ccan we have Tom Brady\u201d<\/p>\n<p>NFL: \u201cno we already have Tom Brady at home\u201d<\/p>\n<p>The Tom Brady at home \ud83d\udc47<a href=\"https:\/\/t.co\/qaq3l8kOAG\">pic.twitter.com\/qaq3l8kOAG<\/a><\/p>\n<p>&mdash; SleeperNFL (@SleeperNFL) <a href=\"https:\/\/twitter.com\/SleeperNFL\/status\/1711535620152021258?ref_src=twsrc%5Etfw\">October 10, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Washington Post said earlier this month that there were &#8220;concerns&#8221; about Brady receiving what was thought to be a steep discount on a 5\u201310% stake in the team from Mark Davis, the owner of the team, and that there were signs the league&#8217;s finance committee would not approve the sale during this week&#8217;s owners&#8217; meetings in New York.<\/p>\n<p>Brady&#8217;s status, however, was not listed on the docket.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tom Brady is trying to buy 10 percent of the Raiders for $175 million. That reflects a valuation of $1.75 billion, at a time when franchises are going for more than $6 billion. <a href=\"https:\/\/t.co\/3GlmOpfvTK\">https:\/\/t.co\/3GlmOpfvTK<\/a><\/p>\n<p>&mdash; ProFootballTalk (@ProFootballTalk) <a href=\"https:\/\/twitter.com\/ProFootballTalk\/status\/1715074742300869070?ref_src=twsrc%5Etfw\">October 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cWe\u2019re trying to work through,\u201d Irsay said of the ongoing review of the deal. \u201cThe number just has to be a reasonable number for purchase price for Tom, is the only thing. If reasonable value says that 10% should be $525 million, you can\u2019t pay $175 million.\u201d<\/p>\n<p>Mark Davis, the principal owner of the Raiders and Brady&#8217;s business partner about his ownership of the WNBA champion Aces, chose not to react to Volin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Future Raiders minority owner Tom Brady is hanging out with Dana White at the UFC Apex tonight <a href=\"https:\/\/t.co\/Ab5Na9oZGv\">pic.twitter.com\/Ab5Na9oZGv<\/a><\/p>\n<p>&mdash; Las Vegas Locally \ud83c\udf34 (@LasVegasLocally) <a href=\"https:\/\/twitter.com\/LasVegasLocally\/status\/1710820297971204510?ref_src=twsrc%5Etfw\">October 8, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Volin said that, despite earlier reports suggesting it was a non-issue, Davis&#8217;s selling of a Raiders share to Brady is being complicated by Brady&#8217;s broadcast agreement with Fox, which is set to start in 2024.<\/p>\n<p>Mike Florio, the creator of ProFootballTalk, outlined the reasons NFL owners would take their time on this agreement.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Allegedly if Tom Brady owns a minority share of the Raiders he can&#39;t work for them..<\/p>\n<p>He&#39;s not even allowed to be in the front office<a href=\"https:\/\/twitter.com\/hashtag\/PMSLive?src=hash&amp;ref_src=twsrc%5Etfw\">#PMSLive<\/a> <a href=\"https:\/\/t.co\/ffeR5hAUX3\">pic.twitter.com\/ffeR5hAUX3<\/a><\/p>\n<p>&mdash; Pat McAfee (@PatMcAfeeShow) <a href=\"https:\/\/twitter.com\/PatMcAfeeShow\/status\/1704555872481902827?ref_src=twsrc%5Etfw\">September 20, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cOwners have a very strong interest in maximizing the value of all equity in every franchise. If Brady buys 5-10 percent of the Raiders for relative peanuts, that becomes a potential impediment when some other owner tries to sell a piece of his or her franchise,\u201d Florio wrote.<\/p>\n<p>The sale to Brady won&#8217;t be discussed or approved again until the league owners gather again in Irving, Texas on December 12 and 13.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>FOR MORE SPORTS COVERAGE-\u00a0<\/strong><\/p>\n<p><a title=\"Reports: Bad Conduct By Ja Morant Started Long Before The Gun Incident\" href=\"https:\/\/yebscore.com\/news\/reports-bad-conduct-by-ja-morant-started-long-before-the-gun-incident\/\" rel=\"bookmark\">Reports: Bad Conduct By Ja Morant Started Long Before The Gun Incident<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tom Brady has a well-established interest in owning a portion of the Raiders team, but the NFL owners have not yet authorised the arrangement. Jim Irsay, the owner of the Colts, objected to Brady&#8217;s share price, saying it was too big of a discount for a 10% ownership position in the team. Reports: Tom Brady [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":406734,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1252,48],"tags":[5187,2211,3623,17486,17484,17485],"class_list":["post-438359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-las-vegas-raiders","category-nfl","tag-nfl-2023","tag-nfl-news","tag-tom-brady-news","tag-tom-brady-raiders","tag-tom-brady-raiders-discount-price","tag-tom-brady-raiders-share"],"acf":[],"_links":{"self":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/438359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/comments?post=438359"}],"version-history":[{"count":0,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/438359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/media\/406734"}],"wp:attachment":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/media?parent=438359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/categories?post=438359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/tags?post=438359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}