The Facts: It’s official, subject to approval. Brady has struck a deal to buy a minority stake in the Raiders from Mark Davis, according to Albert Breer of SI.com. The transaction must not be approved by the league. It won’t happen at this week’s meeting.

Diehards Line: Brady already owns a minority stake in the WNBA’s Las Vegas Aces, a team also owned by Davis. As PFT suggests, there’s no reason to think the league won’t approve Brady to join the ranks of owners. It’s unclear how much Brady will purchase. It likely will be a very small piece. Even at one percent, Brady would be looking at a price tag of somewhere between $40 million and $60 million.