Tom Brady Set to Become Minority Owner of the Las Vegas Raiders

The 47-year-old NFL legend’s contract to buy a minority stake in the Las Vegas Raiders is in the works.

Key Takeaways

• The NFL finance committee unanimously approved Tom Brady’s bid to purchase a 10% stake in the Las Vegas Raiders, and the final vote from league owners is expected to be a formality.
• Brady’s role as a minority owner comes with restrictions due to his new position as a FOX broadcaster.
• These restrictions prevent him from attending other teams’ production meetings or criticizing officials while he works as an analyst.

Seven-time Super Bowl champion Tom Brady is poised to become an NFL team owner as a minority stakeholder of the Las Vegas Raiders.

The NFL finance committee has unanimously approved Brady’s bid, and the final vote from the league’s owners is expected to be a mere formality during the upcoming NFL fall owners’ meeting.

If approved, Brady will acquire a 10% stake in the Raiders alongside businessman Tom Wagner.

This would make Brady the third former NFL player to transition to an ownership role, following George Halas and Jerry Richardson.

Tom Brady is expected to become a minority owner of the Las Vegas Raiders, per @AdamSchefter

He would own approximately 10% of the team pic.twitter.com/yjIvxfzAxE

— Jomboy Media (@JomboyMedia) October 13, 2024

This potential partnership between Brady and the Raiders’ current owner, Mark Davis, aims to elevate the franchise both on and off the field.

The Raiders have struggled for consistency in recent years, with only two winning seasons since their Super Bowl appearance in the 2002-03 campaign.

Brady’s addition signals that the organization is serious about changing its fortunes and pushing for championship contention again.

Brady’s wealth of experience and winning mentality could transform the Raiders, who have one of the lowest win totals among NFL teams since that Super Bowl run​.

Tom Brady as Raiders owner and Shedeur Sanders as Raiders quarterback.

You can't write a better script pic.twitter.com/a6Xn5he24y

— FirstSportz NFL (@FirstSportz_NFL) October 13, 2024

However, Brady’s new ownership role comes with certain limitations. Since Brady is also beginning his broadcasting career with FOX, restrictions have been placed to avoid conflicts of interest.

Brady will not be allowed access to other teams’ facilities or attend production meetings where confidential strategies are discussed.

Despite these restrictions, Brady’s involvement with the Raiders is expected to help improve the franchise’s financial outlook, boost fan engagement, and potentially guide the team to on-field success similar to his career in New England and Tampa Bay​.

Time to get back to work 💪@TomBrady makes his debut in the @NFL broadcast booth tomorrow at 4p ET on FOX 🏈 pic.twitter.com/Do40z9KHp2

— FOX Sports: NFL (@NFLonFOX) September 7, 2024

The final decision on Brady’s ownership bid is pending approval by 24 of the NFL’s 32 primary owners, and all signs indicate that this vote will pass smoothly.

Should Brady become a minority owner, it will mark yet another milestone in his remarkable career and influence on the league, this time from an executive role​.

In Case You Didn’t Know

• Tom Brady’s net worth is estimated to be around $300 million.

• He announced his final retirement from the NFL on February 1, 2023.

• In May 2022, Brady signed a deal with FOX Sports as their new lead NFL analyst. The contract is reportedly worth $375 million over 10 years.