It is official: Tom Brady is getting a bit of the Las Vegas Raiders!!!
The legendary NFL quarterback’s bid to purchase a minority stake within the franchise was accredited Tuesday on the league’s fall assembly in Atlanta, gaining the minimal 24 votes wanted to maneuver the franchise ahead.
Brady first got here to phrases with Raiders proprietor Mark Davis in Might 2023 – it was reported on the time that he and businessman Tom Wagner would purchase a ten% stake within the franchise.
Nevertheless, the deal needed to be refined… as a result of the league’s finance committee believed the unique phrases have been too low cost.
The possession is anticipated to have an effect on Brady’s new job … as TB12 — which simply began its 10-year, $375 million broadcast take care of FOX — reportedly will not be allowed into manufacturing conferences with gamers and coaches. services of different groups or criticize referees throughout matches (amongst different restrictions).
Davis spoke about bringing Brady on board final yr, saying he was “excited” to welcome him to the Raider household.
The 47-year-old shouldn’t be the primary former athlete to purchase a stake in knowledgeable sports activities staff. He joins the likes of Michael Jordan, Alex Rodriguez and Magic Johnson, who all grew to become homeowners after their enjoying days.
Along with the Raiders, Brady additionally invested within the Las Vegas Aces, the Birmingham Metropolis soccer membership, skilled pickleball and an E1 Sequence racing boat staff.
