he seven-time Super Bowl-winning quarterback, Tom Brady finds himself at the center of a unique conundrum.
As per the latest reports, the NFL has delayed the approval of his minority ownership deal with the Las Vegas Raiders.
This delay in approval has given rise to a temporary window during which Brady can engage in activities that would be restricted once the deal with the Raiders is confirmed.
In the meanwhile, this decision has impacted his current role as a brand ambassador for BetMGM, the sports betting platform.
As far as the NFL landscape is concerned, players are prohibited from promoting or advertising any form of gambling.
Even though the NFL remains tight-lipped about the concerns surrounding Brady’s ownership deal, Brady taking active participation in promoting BetMGM is a temporary privilege.
As communicated by the NFL, while Brady’s approval of the Raiders’ acquisition is on hold, the former quarterback will be required to sever ties with BetMGM.
However, as outlined in an email to Pro Football Talk (PFT), there is a strategic play available for Brady.
Adhering to the regulations, NFL owners are allowed to own up to 5 percent of sports betting companies.
It is yet to be seen how efficiently Brady navigates through this challenging landscape.
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