NFL owners’ approve GOAT’s piece of Raiders’ pie
What has been in the works for more than a year is now official — Tom Brady is a part of the Raider Nation.
The NFL owners official approved the legendary quarterback as a minority owner of the Las Vegas Raiders.
Source: Tom Brady has been approved as a minority owner of the Raiders.
— Albert Breer (@AlbertBreer) October 15, 2024
Mr. Tuck Rule and Raiders’ owner Mark Davis agreed on Brady buying a piece of the team in May, 2023. Now, it’s official. In March, 2023, Brady became a partial owner of the Las Vegas Aces of the WNBA, their majority owner is Davis.
Davis has long been a fan of Brady and the two have forged a relationship in recent years. It was heavily speculated that the Raiders would seriously pursue Brady if he decided to play this season. Davis very much wanted Brady when he was a free agent in 2020.
Raiders Mark Davis says he is excited to have Tom Brady and Richard Seymour. “It’s an exciting day for the Raiders”
No defined role for Brady yet.
“We traded Davante Adams for Tom Brady”— Dianna Russini (@DMRussini) October 15, 2024
Brady will still be able to move on with his role as a FOX game analyst even though he joined the Raiders’ ownership group but it comes with some major access restrictions because he is now part of the league.
Brady, 47, has said becoming a part owner of an NFL team is a dream come true. He did note he will have a “passive” role with the team. But some people expect him to have a role on the on-field decision making, although he will have some input, of course. And he will have a role as a recruiter, which should help in free agency.
Mark Davis on Tom Brady becoming a minority owner, says although Brady can’t play QB for them, he can help them select a QB in the future.
— Judy Battista (@judybattista) October 15, 2024
This move always ends any speculation that Brady will play again.
Pro Football Hall of Fame defensive tackle Richard Seymour is also reportedly part of the new ownership deal as well. Seymour ended his career with the Raiders.
I’m deeply grateful—humbled and honored—to become a NFL owner. This is the mission of a lifetime, and I accept it with both purpose and pride. With great opportunity comes great responsibility. And I pledge to be a worthy steward of our game—and all it makes possible. @Raiders
— Richard Seymour (@BigSey93) October 15, 2024
Sports Illustrated reported Brady will own five percent of the team, his business partner Tom Wagner will own five percent and 0.5 percent will be owned by Seymour.
