1684800508 Tom Brady to Become a Minority Owner of the Las

Tom Brady to Become a Minority Owner of the Las Vegas Raiders, Subject to NFL Approval; Mark Davis “excited” – CBS Sports

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Tom Brady may finally be out of the NFL, this time “for good.” But that doesn’t mean he’s done with the league. Less than two weeks after ESPN reported that the longtime quarterback entered “intense talks” to become a limited partner of the Raiders, Brady and team owner Mark Davis have agreed to a deal that will make the former Patriots and Buccaneers star a minority owner. pending NFL approval.

“We reached an agreement for Tom Brady to partner with the Raiders and we submitted it to the NFL for approval,” Davis said via ESPN. “We’re excited to have Tom join the Raiders.”

In March, not long after his second retirement in as many years, Brady acquired an ownership interest in the WNBA’s Las Vegas Aces, which are primarily controlled by Davis. Now he has agreed to sell a minority stake in the Raiders to the future Hall of Famer and has submitted the agreement to the NFL for approval. However, it is said that there will be no vote on the deal at this week’s spring conference Albert Breer from Sports Illustratedit represents a notable step on Brady’s path to leadership.

This isn’t the first time Brady has made an effort to own an NFL team. After initially retiring from the Buccaneers following the 2021 season, Brady reportedly attempted to become a minority owner of the Dolphins, for whom he also apparently wanted to play. Miami was later fined by the NFL for inappropriately communicating with Brady while he was still under contract with the Bucs.

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The Raiders have several notable ties to the Patriots, which naturally bothered Brady for the first 20 seasons of his QB career. Head coach Josh McDaniels is one of Bill Belichick’s most well-known successors, general manager Dave Ziegler hails from New England’s human resources department, and even new quarterback Jimmy Garoppolo began his career with the Pats, where he came in as a second-round first-round draft pick — and potential Brady successor – in 2014.

Before Brady, 45, announced his early retirement this offseason, there was speculation about a potential target for the Raiders, who had just ditched Derek Carr and were boasting of New England connections.