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Seven-time Super Bowl champion Tom Brady expressed his excitement and humility after NFL team owners approved his investment in the Las Vegas Raiders, granting him a 5% stake in the franchise. Brady, who retired from the NFL for the second time in February 2023 after 23 seasons, will now shift from the field to the front office.
In a statement, Brady said, “Throughout my NFL career, I’ve learned that at its core, football is a game of teamwork, resilience, and a relentless pursuit of excellence. The Raiders franchise and the city of Las Vegas embody these same values, and I’m honoured to become part of that story.”
The former quarterback required 24 votes from NFL owners to finalize his investment but received unanimous approval, 32-0, at a meeting in Atlanta.
Brady’s portfolio of sports investments has grown steadily since his NFL retirement. Last year, he became a minority owner of Birmingham City Football Club in England and is also part of the ownership group of the WNBA’s Las Vegas Aces.
“I’m excited to contribute to the organisation in any way I can, honouring the Raiders’ rich tradition while finding every possible opportunity to improve our offering to fans,” Brady added, emphasizing his commitment to helping the team win football games.
Despite his new role, Brady remains a broadcaster for Fox’s NFL coverage, although restrictions have been placed on his access during the Raiders’ ownership transition. The 47-year-old cannot participate in production meetings or visit team facilities, and while he can still call Raiders games, he must adhere to NFL rules prohibiting criticism of other teams or officials.
NFL commissioner Roger Goodell welcomed Brady’s involvement, saying, “It’s great that Tom Brady wants to invest in the NFL. He cares deeply about this game, he believes in its future, and I think that’s just a signal about it.”
