Tom Brady Approved as Raiders Minority Owner

Tom Brady has officially been approved as a minority owner of the Las Vegas Raiders, securing a 10% stake in the franchise valued at approximately $6.7 billion. His approval follows a complicated process that included concerns about potential conflicts of interest due to his role as a FOX broadcaster. Brady's ownership includes restrictions to prevent conflicts, such as not attending other teams' practices or production meetings. Alongside Brady, former teammate Richard Seymour is also expected to be approved for a minority stake, marking a significant moment as he would become the first Black former NFL player to own part of a team. The move has sparked excitement among fans, with hopes that Brady's leadership and football expertise will positively impact the Raiders. Brady's involvement comes as the Raiders are likely looking to rebuild their roster amid recent trades.