Tom Brady Acquires Stake in Las Vegas Raiders

Tom Brady has officially become a minority owner of the Las Vegas Raiders, acquiring a 5% stake as part of a group that includes Knighthead Capital's Tom Wagner and former NFL player Richard Seymour. The NFL approved the deal during their fall meetings, concluding a 17-month approval process due to concerns over the discounted price offered to Brady. This purchase adds to Brady's existing ownership in the WNBA's Las Vegas Aces, also owned by Mark Davis, making him one of the few players in NFL history to transition to ownership. Brady's new role comes with significant restrictions on his broadcasting duties, limiting his ability to comment on league matters while he serves as a Fox Sports analyst. The Raiders are valued at approximately $7.8 billion, making Brady's investment noteworthy in the context of sports ownership and athlete branding. Brady's involvement in ownership reflects a broader trend of athletes diversifying their portfolios and establishing themselves as influential figures in the sports industry.