NEW YORK — Tom Brady, who was noticeably absent from last Sunday’s Patriots-Raiders game in Las Vegas, is trying to buy a minority stake in the Raiders.
Brady’s trade has not yet been approved by NFL owners, and during a meeting in downtown Manhattan on Wednesday morning, Colts owner Jim Irsay said the league’s finance committee believes Raiders owner Mark Davis provided Brady with The discount is too high.
Irsay, one of the seven owners on the committee, confirmed to the Washington Post report that Davis will offer Brady a 10% stake in the team, which Forbes recently valued at $6 billion. Minority stakes in teams are usually discounted because they don’t have any voting rights, but Davis’ offer may be too generous for other NFL owners.
“We are working hard to resolve this issue,” Irsay said. “The number has to be a reasonable number for Tom’s purchase price, that’s the only thing. If reasonable value says… 10 percent should be $525 million, then you can’t pay $175 million.”
Davis declined to comment Wednesday.
A league source also said Brady will become the lead NFL analyst for Fox Sports in 2024, complicating the acquisition because not everyone in the league is sold on the handful of team owners. Satisfaction with broadcasting games. Brady could also become a front-office employee for the Raiders as part of the deal, which would make calling games for Fox even more awkward.
The next chance for NFL owners to approve a Brady trade is the winter meetings on Dec. 12-13 in Irving, Texas.
Ben Volin can be reached at ben.volin@globe.com.