Tom Brady Becomes Minority Owner of the Las Vegas Raiders

Mar. 15, 2025

(L-R) Tom Brady, Las Vegas Raiders helmet.Photo:Jon Kopaloff/Getty; Steven King/Icon Sportswire via Getty

Jon Kopaloff/Getty; Steven King/Icon Sportswire via Getty

Even after his retirement,Tom Bradycontinues to be the talk of the NFL.

Yahoo Sports reports that Brady, 47, acquired a 10% stake in the Raiders along with Knighthead Capital co-founder Tom Wagner and former New England Patriots teammate Richard Seymour. Brady personally holds a 5% stake, per NFL.com.

“It’s great that Tom Brady wants to invest in the NFL. He cares deeply about this game. He believes in its future, and I think that’s just a signal of that,” said NFL CommissionerRoger Goodellat Tuesday’s meeting, according to NFL.com.

“I’m incredibly humbled and excited to have been unanimously approved as an owner of the Las Vegas Raiders. Throughout my NFL career, I’ve learned that at its core, football is a game of teamwork, resilience, and a relentless pursuit of excellence. The Raiders franchise, and the city of Las Vegas embody these same values, and I’m honored to become part of the story,” his statement said.

Tom Brady commentating for Fox Sports.Fox

Fox

The news comes over a year after it was reported thatBrady was “in deep discussions” to become a limited partner of the Raiders, which Mark Davis owns.

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Davis also owns the WNBA’s Las Vegas Aces, whichBrady acquired an ownership interest in back in March 2023and wasapproved that October.

Brady madehis broadcasting debut early in Septemberduring the Dallas Cowboys' 33-17 win over the Cleveland Browns.

Tom Brady and Mike Tirico look on during the 2024 Hall of Fame Induction Ceremony for Tom Brady at Gillette Stadium on June 12, 2024 in Foxborough, Massachusetts.China Wong/Getty

China Wong/Getty

His transition into the broadcasting booth came almost a year and a half after he announced in February 2023 thathe was retiring “for good"afterseven Super Bowl winsand23 seasons in the NFL, wherehe played with the Patriots and Tampa Bay Buccaneers.

While discussing his transition off the field,Brady told PEOPLE in September, “It was good to take some time off.”

Tom Brady playing during a January 16, 2023 game in Tampa, Florida.Julio Aguilar/Getty

Julio Aguilar/Getty

“I had been on this treadmill going at a fast speed for a long time, and I loved it. I loved every minute of playing, and at the same time, when I retired, I really enjoyed that too,” he added. “Now, I’m back to work and I’m enjoying that, so I have no complaints.”

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“Just like everybody else, I try to wake up and try to do my best for the people that matter the most to me. And when you commit to the people like I have in my broadcasting at Fox, I want to do a great job for them and my teammates there,” continued Brady. “So my life’s pretty full. I’m very happy.”

source: people.com