Tom Brady’s long-awaited ownership stake in the Las Vegas Raiders is close to becoming official, with NFL owners set to vote on his bid at Tuesday’s fall owners meetings. Brady, who initially struck a deal with Raiders owner Mark Davis in May 2023, is expected to acquire approximately 10 percent of the $6.7 billion franchise. A source told ESPN that the vote is a “formality,” as Brady’s bid has already received unanimous approval from the league’s finance committee.
The road to this decision wasn’t without hurdles. Reports surfaced last year of concern among owners about the significant discount Brady was allegedly offered by Davis—up to 70 percent off the team’s valuation. Additionally, as Fox Sports’ lead NFL analyst, Brady’s role with the Raiders remains limited; he’s barred from attending other teams’ practices, production meetings, or criticizing officials.
While Brady says his role with the Raiders will be “very passive,” he views the opportunity as a long-term investment in the NFL, which he describes as a “dream come true.” This move adds to his sports portfolio, as Brady also holds a minority stake in the WNBA’s Las Vegas Aces.
