Tom Brady to buy stake in Raiders, owner tells ESPN

By Mark Anderson
THE ASSOCIATED PRESS

Recently retired and seven-time Super Bowl champion quarterback Tom Brady will become a minority owner of the Las Vegas Raiders, pending NFL approval, principal owner Mark Davis told ESPN on Monday.

“We’re excited for Tom to join the Raiders, and it’s exciting because he will be just the third player in the history of the National Football League to become an owner,” Davis said.

Brady and Davis also have a business relationship with the WNBA’s Las Vegas Aces. Davis is the majority owner, and Brady has a stake in the club.

At least 24 NFL owners will need to approve Brady’s deal with the Raiders.

He also has a 10-year, $375 million broadcasting contract with Fox Sports than begins in 2024.