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Tom Brady is “expected to be approved” as a minority owner of the Raiders at Tuesday’s NFL owners meeting in Atlanta, according to sources. The NFL’s finance committee has “reviewed Brady’s bid and plans to bring it to the other owners to vote.” Brady is purchasing approximately 10% of the Raiders, along with businessman Tom Wagner, from owner Mark Davis. Brady is just the third player to become an owner after George Halas and Jerry Richardson (ESPN.com, 10/12). It “remains significant” if Brady joins the Raiders’ ownership group as Davis has no siblings and is single with no children. Davis and his mother are listed as co-owners of the Raiders and own 47% of the team. That number would drop if Brady and Wagner’s bid is approved, but Davis family would “remain the principal owners” (THE ATHLETIC, 10/12).
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