Tom Brady is an NFL owner.
According to Albert Breer of The MMQB, Tom Brady has agreed to purchase a minority share of the Las Vegas Raiders, which would make him a franchise part-owner.
Although the NFL has yet to formally approve the transaction, it is expected to go through with no issues. The deal comes after reports suggested that Brady and Raiders owner Mark Davis were in negotiations about the purchase.
The sale of a minority share of the @Raiders to ex-Patriots and Bucs QB @TomBrady has been agreed to and submitted to the NFL for approval. Won’t be done at the spring meeting but ball is rolling on it.
(Brady is already in business w/Vegas owner Mark Davis, with the WNBA Aces.)
— Albert Breer (@AlbertBreer) May 22, 2023
However, it remains unclear how much of the team Brady will own, and it is unlikely that he will have any significant involvement in organizational matters.
The deal has also raised questions about whether it would affect Brady’s broadcasting agreement with FOX, which has fueled speculation about the quarterback’s future plans.
Want More From TMSPN?
For all the latest in sports entertainment news, be sure to follow TMSPN.com on Facebook, Instagram, and Twitter.