In a blockbuster move that has sent shockwaves through the NFL, legendary quarterback Tom Brady is on the cusp of becoming a minority owner of the Las Vegas Raiders. The news, first reported by ESPN’s very own Adam Schefter, has fans buzzing with excitement and anticipation.
A formal vote is set to take place during Tuesday’s NFL fall owners’ meetings in Atlanta, where the approval of 24 out of 32 owners is needed for Brady to secure his ownership stake. Sources close to the matter revealed that the NFL’s finance committee gave their unanimous stamp of approval, marking a historic moment in league history.
Brady’s ownership share is expected to be around 10%, a significant investment that solidifies his commitment to the Raiders. The groundbreaking deal between Brady and majority owner Mark Davis was initially struck in May of 2023, but the meticulous vetting process by the league delayed its finalization until now.
If all goes according to plan, Brady will join an elite group of former players who have transitioned from the gridiron to the owner’s box. The exclusive club currently includes Chicago Bears icon George Halas and Baltimore Colts star Jerry Richardson, who went on to own the Carolina Panthers.
The much-anticipated approval of Brady’s ownership bid is a testament to his enduring influence and legacy in the NFL. As one source aptly put it, “Tom Brady’s impact on the NFL transcends his on-field accomplishments, and his foray into team ownership is a natural progression for a player of his caliber.” Stay tuned for more updates on this developing story as Brady inches closer to making history once again.
