Report: Tom Brady takes another step toward minority ownership stake in Las Vegas Raiders
BOSTON -- Tom Brady is now one step closer to becoming a minority owner in the Las Vegas Raiders.
A minority share of the franchise has been agreed to and submitted to the NFL for approval, according to Sports Illustrated's Albert Breer.
News of Brady's involvement with the Raiders was first reported earlier this month, when ESPN reported that Brady was in "deep discussions" to obtain an ownership stake in the team.
Brady's move into ownership will certainly squash any belief or speculation that he may unretire for a second time, as he would need approval from 75 percent of league owners if he wanted to play for the Raiders as well. That's a scenario that seems extremely unlikely on multiple levels.
