Back to the New England Patriots Newsfeed

Tom Brady’s bid to join Raiders ownership on hold, NFL owners yet to vote

NFL owners didn’t vote Tuesday on Tom Brady’s bid to purchase a stake in the Las Vegas Raiders, putting into question how long the transaction will take or if it will even occur at all.

Commissioner Roger Goodell, however, said at the league meetings in Orlando, Florida, that the process is moving forward.

“I wouldn’t say it’s a delay,” Goodell said. “We go through a thorough process. … I think it’s making progress.”

Owners have concerns about Raiders owner Mark Davis offering Brady a discounted price because that would potentially lower the franchise value.

“The number just has to be a reasonable number for purchase price from Tom, is the only thing,” Indianapolis Colts owner Jim Irsay said at the league meetings in October.