Major issues put Tom Brady’s Las Vegas Raiders bid in jeopardy as league call special meeting and still no nearer deal

NFL icon Tom Brady’s deal to buy a minority stake in the Las Vegas Raiders has hit another snag.

The retired quarterback has been waiting for over a year to get the purchase approved by the league.

Getty

Getty

But NFL team owners didn’t vote on the transaction as they convened in Minneapolis on Tuesday.

It marked another owners’ meeting that didn’t feature an approval vote on Brady ‘s deal.

The bid reportedly remains pending before the NFL finance committee, per Washington Post reporter Mark Maske .

It could come up on the agenda in October, Maske reported.

What Tuesday’s special league gathering did include was a historic move to allow private equity firms to invest in NFL franchises.

Select private equity funds and consortiums will now be able to buy up to a 10% stake in a team, making deals with a maximum of six organizations.

The vote garnered the support of 31 of the 32 owners, including the Raiders ‘ Mike Davis.

Only Cincinnati Bengals owner Mike Brown opposed the proposal, per CNBC .

New ownership rules could theoretically make Davis rethink his deal with Brady, NFL analyst Mike Florio suggested.

Private equity firms would likely be able to offer more money than the seven-time Super Bowl champion, who’s trying to purchase 10.4% of the team alongside NFL Hall of Famer Richard Seymour .

However, money doesn’t appear to be the priority for the Raiders owner.

Brady’s ongoing ownership saga has been caused in large part by the surprisingly low price he initially agreed to buy the shares for.

The amount was reported to be $175 million, way below the team’s official valuation.

It also remains to be seen whether the three-time NFL MVP will face any restrictions on announcing Las Vegas games for Fox if the transaction finally goes through.

“Right now, Tom’s not an owner of the Raiders, and as we go into this year, Tom’s able to call any game on the schedule,” NFL executive VP of media distribution Hans Schroeder said earlier this year.

Brady will make his Fox debut during the Week 1 clash between the Cleveland Browns and Dallas Cowboys on September 8.

He’s been preparing for his broadcasting career as host of his Let’s Go podcast over the past three years.

But the NFL legend recently announced his former New England Patriots head coach Bill Belichick would replace him in the role .

“For 20 years, I threw the ball for Coach Belichick,” Brady said.

“Now I am passing the microphone to him on Let’s Go!

“I will be listening every week as I know Bill and Jim will have lots of great conversations, and I’m looking forward to my guest appearances and joining them during the season.”