World

Tom Brady Is Buying ‘More Than a Ceremonial Sliver of the Raiders’

Retired NFL quarterback Tom Brady “is believed to be buying something more than a ceremonial sliver” of the Las Vegas Raiders from owner Mark Davis, per Mike Florio of Pro Football Talk.

Raiders owner Mark Davis told ESPN’s Paul Gutierrez on May 22 that he and Brady had “come to an agreement” for the seven-time Super Bowl winner to join the ownership group.

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

In March, Brady bought an ownership interest in the defending WNBA champion Las Vegas Aces, which Davis also owns.

Despite Brady’s post-playing developments taking effect, there’s been chatter about him coming out of retirement for a second straight year to play again. Brady shut that down again in a June 1 interview with Robin Lundberg of Sports Illustrated.

“I’m certain I’m not playing again,” Brady said. “I’ve tried to make that clear, and I hate to continue to profess that because I’ve told people that lots of times.”

Brady said he’s looking forward to his broadcasting job at Fox, who signed him to a 10-year, $375 million deal to become its top in-game analyst. He also spoke about the opportunity with the Raiders and the chance to spend more time with his children in his post-playing days.

It’s not uncommon for celebrities or current or former athletes to purchase stakes in teams, but as Florio noted, it is typically a “small sliver.” That apparently isn’t the case for Brady, who has now entered into a pair of partnerships with Davis for stakes in two pro sports teams.

Football players have gotten involved in ownership groups of late. Of note, New York Jets quarterback Aaron Rodgers bought a one percent stake in the Milwaukee Bucks in 2018 when he was a member of the Green Bay Packers.

Kansas City Chiefs quarterback Patrick Mahomes has stakes in the KC Current, Sporting KC and Kansas City Royals.

Now Brady is involved with the Raiders as he embarks on the beginning of his post-playing career.