Tom Brady NFL Bid: Eyeing Las Vegas Raiders Ownership

Exploring a new chapter in Tom Brady's sports legacy.

by Nouman Rasool
Tom Brady NFL Bid: Eyeing Las Vegas Raiders Ownership
© Maddie Meyer/Getty Images

In the dynamic world of professional football, retired NFL players often find diverse paths to remain connected to the sport they love. While many transition into coaching or sports media, a rare few set their sights on the pinnacle of football involvement: team ownership.

Among these few stands a unique figure – Tom Brady, a name synonymous with NFL excellence. Tom Brady, the iconic quarterback known for his legendary tenure with the New England Patriots and Tampa Bay Buccaneers, has not been shy about his aspirations to own a part of an NFL franchise.

His ambitions first came to light during his playing days with discussions about potentially acquiring a minority stake in the Miami Dolphins, a groundbreaking move that would have made him a player-owner. However, this trailblazing idea was short-lived as the deal never gained traction.

Now, the focus of the seven-time Super Bowl champion has shifted to the Las Vegas Raiders. For months, rumors have swirled about negotiations between Brady and Raiders owner Mark Davis. Despite these persistent reports, a definitive agreement remains elusive.

As of the latest updates, Brady does not hold any ownership stake in the Raiders. While he is reportedly in talks to acquire a minority share, these discussions have encountered delays. The anticipation builds as fans and industry insiders alike await the fruition of Brady's ambition to transition from the field to the boardroom.

The Raiders, currently under the principal ownership of Mark Davis, hold a special place in the NFL's storied history. Davis, alongside his mother Carol, inherited a 47% share of the Raiders through A. D. Football, Inc. following the passing of the legendary Al Davis in 2011.

This ownership transition marked a new era for the team.

Brady's Ownership Quest

Brady's journey towards Raiders ownership took a significant step in May 2023. ESPN's Adam Schefter and Seth Wickersham reported that Brady was in advanced discussions to become a limited partner with the Raiders.

This move came shortly after Brady's second retirement announcement in February 2023. Interestingly, Brady had already forged a financial link with Davis by purchasing a stake in the WNBA's Las Vegas Aces, another franchise majorly owned by Davis.

However, the path to ownership is not without its hurdles. For Brady's stake in the Raiders to be official, it requires a three-fourths majority vote from NFL owners, a milestone that has yet to be achieved. In October, the Washington Post revealed that the deal's progression was being hindered by the purported discount price offered to Brady.

This revelation sparked discussions about restructuring the deal to align with the expectations of other team owners. Colts owner Jim Irsay, in an interview with The Boston Globe, elaborated on the negotiations, highlighting the need for a reasonable purchase price from Brady.

Irsay's comments reflect the complexity of such high-profile transactions in the NFL. Despite not being a topic for the NFL owners' December 13 meeting in Dallas, as reported by the Washington Post's Mark Maske, the deal remains in active consideration.

The NFL finance committee, while expressing concerns over the discount offered to Brady, has not closed the door on a potential agreement. Tom Brady, with a net worth estimated at $300 million by Celebrity Net Worth, has been a financial powerhouse both on and off the field.

His career earnings from his 23 seasons in the NFL, as per Spotrac, total an impressive $332,962,392. Additionally, Forbes' 2023 list of the world's highest-paid athletes featured Brady, ranking him 50th with total earnings of $45.2 million for the year.

Brady's venture into NFL ownership is not just a testament to his enduring influence in the sport but also a symbol of the evolving landscape of NFL ownership, blurring the lines between players and proprietors. As the saga continues, the sports world watches with bated breath, eager to witness the next chapter in Tom Brady's illustrious career.

Tom Brady Las Vegas Raiders