TOM Brady’s proposed part-ownership of the Las Vegas Raiders could leave other owners furious.
The football legend has had his minority stake purchase approved by NFL team owners at the league’s annual fall meeting.
He needed to receive 24 of 32 votes and will now take five per cent control of the Raiders.
According to Sports Business Journal, Brady and his co-investor, Knighthead Capital Management founder Tom Wagner, will pay $244million.
And $24m of that is a prorated tax arising from the team’s 2020 relocation to Vegas from Oakland, California.
The NFL initially balked at Brady’s bid fearing it set the value of the equity at too low of a price.
Last year, Colts owner Jim Irsay claimed the price Brady would pay was not nearly enough.
The deal was initially agreed in May 2023.
But it took owners 17 months to …