Las Vegas Raiders owner Mark Davis told ESPN that legendary quarterback Tom Brady will be the minority owner of the franchise.
“We have come to an agreement for Tom Brady to become a partner in the Raiders and we have submitted it to the NFL for approval. We are excited for Tom to join the Raiders,” he said in a statement to ESPN.
With Brady retiring from the game “for good” this time after the Tampa Bay Buccaneers’ playoff loss to the Dallas Cowboys last season, ESPN reported last week that Brady was in “deep discussions” with Davis and the Raiders to become a tight end. was in companion
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Tom Brady stars and also film on February 3. (Alex Schlitz)
The report notes that Brady’s involvement in the franchise will be “passive” and will not give him “any executive control or authority over the club in business or football matters.”
As with any ownership agreement, 24 of the 32 NFL owners must sign off on it before the league can lock it in.
Tom Brady in ‘deep discussions’ to become Raiders’ limited partner: Report
If the vote goes through — it’s not expected to be done at this week’s owners’ meetings — Brady will join George Halas and Jerry Richardson as the only players in the league to become owners.
Brady’s involvement in sports franchises in the Las Vegas area was already underway after purchasing a stake in the 2022 WNBA champions, the Las Vegas Aces. This achievement came in March.
Brady wanted to get into NFL ownership, as he reportedly tried to buy a minority stake in the Miami Dolphins in 2021 after he retired from the Bucs before second-guessing the decision.
New England Patriots owner Robert Kraft (L) and Las Vegas Raiders owner and managing general partner Mark Davis pose together for photos before their teams’ game at Allegiant Stadium on Dec. 18, 2022 in Las Vegas, Nevada. The Raiders beat the Patriots 30-24. (Ethan Miller/Getty Images)
The Dolphins were eventually struck by the league for engaging in communications they were not allowed to do with Brady, as he was still under contract with the Bucs when those ownership talks took place.
Las Vegas, however, was also an interesting franchise that Brady had a connection to after his illustrious tenure in New England. Not only is his former offensive coordinator, Josh McDaniels, the team’s head coach, but GM Dave Ziegler also hails from the Patriots.
There’s also new Raider quarterback Jimmy Garoppolo, who was Brady’s backup with the Patriots before going to the San Francisco 49ers.
Tom Brady Dr. Have worked with Alina Fong for nearly a decade at her TB12 Sports Therapy Any Concussion Center. (Gilbert Flores/Variety)
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Brady, 45, is clearly married to the game, but now that his playing days are over, becoming an owner — and perhaps an executive down the road — is the next chapter.
