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NFL Rumors: Richard Seymour Finalizing Deal to Be part of Tom Brady as Raiders Half-Proprietor

Timothy Rapp @@TRappaRT Featured Columnist IV July 9, 2024 Jed Jacobsohn/Getty Images Tom Brady reporetdly has a new partner in his quest to become a part-owner of the Las Vegas Raiders. According to Mike Florio of Pro Football Talk, “Per a source with knowledge of the situation, Hall of Fame defensive lineman Richard Seymour is

NFL Rumors: Richard Seymour Finalizing Deal to Be part of Tom Brady as Raiders Half-Proprietor

Timothy Rapp@@TRappaRTX.com LogoFeatured Columnist IVJuly 9, 2024

OAKLAND, CA - OCTOBER 02:  Richard Seymour #92 of the Oakland Raiders looks on against Tom Brady #12 of the New England Patriots at O.co Coliseum on October 2, 2011 in Oakland, California.  (Photo by Jed Jacobsohn/Getty Images)

Jed Jacobsohn/Getty Photos

Tom Brady reporetdly has a brand new companion in his quest to change into a part-owner of the Las Vegas Raiders.

In response to Mike Florio of Professional Soccer Discuss, “Per a supply with information of the state of affairs, Corridor of Fame defensive lineman Richard Seymour is near finalizing a deal to change into an proprietor and restricted companion of the Raiders.”

Per that report, present crew proprietor Mark Davis initiated the trouble to contain Seymour in Brady’s bid to change into a partial proprietor.

Seymour, 44, completed his Corridor of Fame profession with the Raiders, taking part in for the crew between the 2009-12 seasons. Previous to that, he was Brady’s teammate on the New England Patriots.

Brady, Seymour and their different companions would personal a ten.4 p.c possession stake if the opposite NFL homeowners approve the transaction.

Daniel Kaplan @KaplanSportsBiz

Bear in mind, current raiders, Restricted companions have proper a primary refusal to purchase any shares bought by possession, one wrinkle within the brady and now Seymour too buy https://t.co/o98558Ft2c

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That bid has been rebuffed up up to now, with homeowners abstaining from voting on the Might’s league conferences. One main sticking level up till now has been Davis’ plan to supply Brady a reduced price for a stake within the crew, fearing it will negatively impression the franchise’s general valuation.

“The quantity simply needs to be an affordable quantity for buy value from Tom, is the one factor,” Indianapolis Colts proprietor Jim Irsay told reporters again in October. “If cheap worth says… that 10 p.c must be $525 million, you may’t pay $175 million.”

Florio reported that Seymour’s involvement “is predicted to resolve a lot of the considerations about Brady’s bid.”

An unrelated concern to Seymour is the battle of curiosity in Brady each being instantly concerned with an NFL crew and likewise being an announcer for Fox Sports activities beginning this season. Typically, announcers are granted some degree of inside entry to groups as they do their preparations for the week. Would it not be truthful for Brady—who would instantly profit from the Raiders succeeding if he was a partial proprietor of the crew—to have inside entry to different organizations and relaying that info again to Las Vegas?

Florio famous that it is “believed that parameters have been developed to deal with the problems that might come up from Brady, as an proprietor of the Raiders, being concerned in conferences and attending practices involving groups that compete with the Raiders.”

However it’s laborious to think about different coaches and gamers being thrilled by that setup, no matter these parameters.

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