Tom Brady, a seven-time Super Bowl champion, has reportedly agreed to become a minority owner of the Las Vegas Raiders. According to CBS Sports, the deal with Raiders owner Mark Davis is currently awaiting NFL approval.
At 45 years old, Brady retired from the NFL in February after 23 seasons with the New England Patriots and Tampa Bay Buccaneers. The following month, he became a minority owner of the Las Vegas Aces, a WNBA team also owned by Davis.
Brady's discussions about joining the Raiders as a limited partner began several weeks prior to being reported by ESPN. He has received approval from Fox Sports, where he is set to work as a football analyst during the 2024 season on a 10-year, $375 million contract.
Although Brady won't have any operational control over the Raiders, his involvement is significant considering the team's recent signing of quarterback Jimmy Garoppolo. Garoppolo previously served as Brady's backup in New England. The Raiders' new quarterback replaces Derek Carr, who joined the New Orleans Saints in the offseason.
Over his illustrious career, Brady has won six Super Bowls with the New England Patriots and one with the Tampa Bay Buccaneers. Despite initially announcing his retirement in 2022, he returned for another season before ultimately departing "for good" in his second retirement announcement.
In 2023, the Patriots will honor Brady during their home opener against the Philadelphia Eagles on September 10. An interesting matchup between New England and the Raiders is scheduled to take place in Las Vegas on October 15.
