Toggle sidebar

Brady in discussions to become minority owner of Raiders

oknazevad

Registered User
Dec 12, 2018
502
359
I'd imagine this scuttles his planned Fox Sports analyst job. Too much conflict of interest otherwise.
 
TheGreenTBer

TheGreenTBer

the only language I speak is FAILURE
Apr 30, 2021
9,944
12,174
oknazevad said:
I'd imagine this scuttles his planned Fox Sports analyst job. Too much conflict of interest otherwise.
Click to expand...
Why would anyone give up a ton of guaranteed money to sit in a board meeting with Mark Davis's ghoulish face, that's beyond me man
 
  • Like
Reactions: DaveG

StreetHawk

Registered User
Sep 30, 2017
28,590
11,042
LadyStanley said:
www.raidersbeat.com

Tom Brady Still Expected to Join the Raiders as a Minority Owner - Raiders Beat

Tom Brady’s initial effort to join the Raiders as a minority owner was vetoed...
www.raidersbeat.com www.raidersbeat.com

Raiders worth $6.2B. Davis was offering Brady 10% ownerahip at $175m. Owners said no.

But looks like it's a matter of when, not if.
Click to expand...
If it was say 1%, maybe the owners would be ok with that number. But, not at 10% where you are short nearly half a billion dollars based on market value.
Plus, Davis does not own a major chunk of the team. Other families have interests in the team, but I guess similar to Cuban's sale of the Mavs, it's the Davis family that is in control of the franchise.
 
  • Like
Reactions: DaveG and mouser
Voight

Voight

#winning
Feb 8, 2012
41,850
18,437
Mulberry Street
StreetHawk said:
If it was say 1%, maybe the owners would be ok with that number. But, not at 10% where you are short nearly half a billion dollars based on market value.
Plus, Davis does not own a major chunk of the team. Other families have interests in the team, but I guess similar to Cuban's sale of the Mavs, it's the Davis family that is in control of the franchise.
Click to expand...

AFAIk Davis owns 47%, so unless the owners of the other 53% band together and force a coup he's safe. They could very well be the type of people who don't really care how the team performs given the money they make.

Or Al Davis' Ghost haunts them every night.
 
mouser

mouser

Business of Hockey
Jul 13, 2006
29,579
13,095
South Mountain
I never thought Mark Davis was a smart cookie, but surely one of his accountants could explain to him why giving up $400m+ in franchise equity to get Tom Brady as a 10% owner is a bad financial move?
 
  • Like
Reactions: LT and DaveG
LadyStanley

LadyStanley

Registered User
Sep 22, 2004
110,079
22,554
Sin City
sports.yahoo.com

Tom Brady has reportedly cleared final parameters to become limited owner of Raiders

Tom Brady is expected to purchase a 7% stake in the Raiders.
sports.yahoo.com sports.yahoo.com

Brady's group expected to purchase 10% of team with $5.8b valuation, with Brady personally owning 7%. Final finance committee approval expected early March and sale finalized at league meetings late March.

Purchase would officially make Brady retired as active players cannot own team.
 

StreetHawk

Registered User
Sep 30, 2017
28,590
11,042
LadyStanley said:
sports.yahoo.com

Tom Brady has reportedly cleared final parameters to become limited owner of Raiders

Tom Brady is expected to purchase a 7% stake in the Raiders.
sports.yahoo.com sports.yahoo.com

Brady's group expected to purchase 10% of team with $5.8b valuation, with Brady personally owning 7%. Final finance committee approval expected early March and sale finalized at league meetings late March.

Purchase would officially make Brady retired as active players cannot own team.
Click to expand...
Brady getting a deal. Figured the Raiders brand is worth more than the Commanders. Mark Davis dropping his share down to 37%. But, so long as he maintains control of the team, I guess that's all he cares about.
 
You must log in or register to reply here.

Ad

Latest posts

Upcoming events

Ad

Ad

Top Bottom
X