National Football League owners are expected to approve Tom Brady as minority owner of the Las Vegas Raiders on Tuesday, a person familiar with the matter told CNBC.
The seven-time Super Bowl champ is looking to buy about a 10% stake in the Raiders with his business partner, Knighthead Capital founder Tom Wagner.
The deal is subject to approval by 24 of the NFL’s 32 team owners at the league meeting in Atlanta. Brady and Wagner are not expected to be at the meeting, the person told CNBC.
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