NFL owners are expected to approve Tom Brady as a minority owner of the Las Vegas Raiders, buying about a 10% stake with his business partner. The deal is subject to approval by 24 of the league’s 32 team owners. The value of the Raiders has increased since moving to Las Vegas, with significant revenue growth. Brady’s bid for ownership began in May 2023 but was delayed due to initial offers being perceived as too discounted. If approved, Brady will have restrictions on how he covers the team, including limitations on attending games and accessing team facilities. Despite these restrictions, Brady is not new to the Las Vegas sports scene, as he is already a minority owner of the WNBA’s Las Vegas Aces. Brady will be just the third former NFL player to become a team owner.
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Tom Brady Set to Assume Ownership Stake in NFL’s Las Vegas Raiders
