Is Tom Brady going to become part of the Las Vegas Raiders’ ownership?
The legendary quarterback is back in the game and making moves, but not in the way that you’d think and not with the team that you might think either.
It appears the seven-time Super Bowl winner just can’t stay away from the NFL. Now seemingly interested in the ownership side of the game, it will be interesting to see what role if any the former Bucs star takes on in Las Vegas’ franchise should he become part of its ownership.
Tom Brady investigating partnership with Las Vegas Raiders
According to reports, Hall of Fame quarterback Tom Brady is said to be currently involved in advanced negotiation with the Las Vegas Raiders to become a limited partner. It’s understood that Brady’s potential investment has been characterized as passive, such that he will supposedly have no operational control or authority over the club in both business and football matters. It’s worth noting, however, that an agreement with the Raiders would only be the first step on the road to a partnership. Any relationship between Brady and Raiders owner, Mark Davis, would still require a minimum of 24 NFL owners to approve it which is the norm for all scenarios involving minor or majority stakes.
Could Brady’s Raiders venture affect his coming career with FOX?
No. The 10-year, $375 million contract which Brady signed with FOX is still very much in play, meaning that we can still expect to Brady taking his place as FOX’s star analyst when the 2024 NFL regular season gets underway. Indeed, it’s understood that FOX has even backed Brady in his pursuit of a partnership in Las Vegas. Understandably, it doesn’t hurt that Brady will have no authority within the organization i.e., there will be no conflict with his media employment. It’s also worth mentioning that there will be no conflict of interest either as he will not have any capacity to affect broadcast rights negotiations.
This isn’t Tom Brady’s first move in Las Vegas
Given his reported interest in the Raiders, it would be safe to assume that Brady has a lot of love for Las Vegas. Back in March, Brady acquired an ownership stake in the WNBA’s Las Vegas Aces, which is largely owned by the Raiders’ Davis as well. Where the NFL is concerned, however, Brady has also tried his hand at limited partnership before. You will of course recall his attempt at becoming part of the Miami Dolphins in 2021. Ultimately, if nothing else we can take Brady’s intentions as further confirmation that he won’t be surprising us with another return to the field, as he did last year after briefly retiring and then officially retiring again in January this year. It could also be that Brady likes the familiarity of having a number of former Patriots personnel in Las Vegas. Aside from quarterback Jimmy Garoppolo, there is also head coach Josh McDaniels, general manager Dave Ziegler, Chandler Jones and WR Jakobi Meyers.