Languishing at the bottom of the AFC West, the Las Vegas Raiders season is almost looking like a lost cause. Winning just 2 of their first 10 clashes and a losing streak that stretches back to six games. Raiders owner Mark Davis is already delegating control to other people after failing to meet fans’ expectations this season.
Davis already sold 10.5 % of his stakes to seven-time Super Bowl Champion Tom Brady, former NFL defensive lineman Richard Seymour and Tom Wagner, co-founder of Knighthead Capital Management. He has again agreed to sell 15% of his share to Silver Lake co-CEO, Egon Durban. However, there’s a catch in this deal that could potentially threaten the representation of current NFL players like Joe Burrow and Nick Bosa in the league.
Apart from controlling Silver Lake, Durban has a sports agency arm known as William Morris Endeavor. This makes his deal a little bit more complicated than usual. He won’t be allowed to represent any NFL players or coaches as part of his Raiders ownership. Durban would have to let go of his stakes in WME sports to legally complete his Raiders deal. Well, Durban himself is quite aware of the situation. As per Sports Business Journal, Durban has already sent a message to the NFL’s financial committee.
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He remains fully committed to the league’s rulebook. And would get those things sorted within a month or so. Besides his sudden divorce from a sports agency that handles 78 players in the NFL. Durban has to go through the NFL finance committee vote of approval. This involves at least 24 NFL owners coming together and giving the green light. All of those things are set to take place next month in a special league meeting.
Well, Durban isn’t the only one who has to abide by the special rules set by the NFL. Even Brady, who controls 5% of his share in Las Vegas, came close to breaking a rule himself.
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Can Tom Brady's ownership influence finally turn the Raiders' fortunes around, or is it too late?
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Tom Brady dodges NFL’s punishment after Raiders ownership control
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Although Brady remains committed to helping the Raiders from a management position, his focus right now lies as a Fox Sports analyst. And just last month, he came close to an NFL punishment for criticizing the officials. Yes, Brady now has to remain careful while continuing to remain as a broadcaster. He isn’t allowed to criticize the referees from the booth, which he supposedly did at a Lions vs Packers game.
After witnessing Lions DB Brian Branch being evicted from the game for a hit to Packers WR Bo Melton. Brady was fuming from his booth as he conveyed, “I don’t love that call at all. I mean, obviously, it’s a penalty. But to me, that has to be serious intent in a game like this.” But to Brady’s defense, he ended up escaping the NFL’s punishment because he didn’t meet the threshold, apparently.
As per NFL’s VP of Communications Brian McCarthy, “The concern would be if Tom was egregiously critical of officiating or called into question the integrity of an official or the crew. That did not occur in this instance.” However, Brady managed to save himself from a potential expulsion as an owner of an NFL franchise. He remains a huge part of the Raiders’ planning for the future. Their playing musical chairs with their QBs could be solved with Brady’s football knowledge, “Although Tom can’t play, I think he can help us select a quarterback in the future and potentially train him as well,” as per Davis.
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Meanwhile, the Raiders Nation wouldn’t like their performance on the pitch this season. They would surely be happy to see some new faces gain control of footballing operations. And hopefully, it could help them build a roster that can keep them at the top rather than dwelling at the bottom.
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Can Tom Brady's ownership influence finally turn the Raiders' fortunes around, or is it too late?