Sources – Tom Brady is expected to be approved as a minority owner of the Raiders

Tom Brady is expected to be approved as a minority owner of the Las Vegas Raiders at Tuesday's NFL fall owners meeting in Atlanta, league sources told ESPN on Saturday.

The NFL's finance committee has reviewed Brady's offer and plans to present it to the other owners for a vote. 24 of the league's 32 owners had to agree to the offer.

But as a source told ESPN, the committee would not put Brady's offer to the owners for a vote if it was not approved, which now appears to be a formality.

The Finance Committee unanimously approved Brady as a minority owner, and no one could remember the last time the owners voted against the Finance Committee's unanimous recommendation, sources told ESPN.

Brady is therefore just days away from joining businessman Tom Wagner in buying about 10% of the Raiders from owner Mark Davis. It's a deal that was agreed to in May 2023 but had to be refined and adjusted after the league's finance committee felt the original offer was too cheap.

“We are excited for Tom to join the Raiders,” Davis told ESPN’s Paul Gutierrez at the time of the initial agreement. “And it’s exciting because he will be only the third player in the history of the National Football League to become an owner.”

George Halas and Jerry Richardson are the other two.

Ahead of Brady's final NFL season in 2022, the quarterback, who won seven Super Bowls, agreed to a 10-year, $375 million contract to work as an analyst on Fox after his playing career ends. He retired in 2023 and agreed to join Fox for the 2024 season.

The 47-year-old Brady is expected to become one of the most high-profile former athletes to own part of a team, joining all-time greats such as Michael Jordan, who became co-owner of the Bobcats/Hornets franchise; Magic Johnson, who was part of an investment group that purchased shares in the Dodgers and the Commanders; Dwyane Wade, who acquired an ownership interest in the Jazz in 2021; Alex Rodriguez, who became a part owner of the Timberwolves in 2021; Mario Lemieux, who has owned the Penguins since 1999; Patrick Mahomes, who became part owner of the Royals in 2020; Warrick Dunn, limited partner of the Falcons; John Stallworth with the Steelers; and Lewis Hamilton with the Broncos.