Tuesday, August 18, 2026

Tom Brady Acquires Minority Stake in Las Vegas Aces

  • The retired seven-time Super Bowl champ’s makes first move into sports ownership since retirement.
  • Brady was rumored to have been close to signing with Raiders, another team owned by Mark Davis.
Christopher Cloos Tom Brady
Kevin O’Brien

Mark Davis landed Tom Brady. 

Davis announced Thursday that the retired seven-time Super Bowl champ had acquired a minority stake in the defending WNBA champ Las Vegas Aces. 

“I have always been a huge fan of women’s sports, and I admire the work that the Aces’ players, staff, and the WNBA continue to do to grow the sport and empower future generations of athletes,” Brady said in a statement.

Brady’s purchase will require the approval of the WNBA. 

“Since I purchased the Aces, our goal has been to win on and off the court,” Davis, the owner of the Aces, said in a statement. “Tom Brady is a win not only for the Aces, and the WNBA, but for women’s professional sports as a whole.”

Davis, who also owns the Las Vegas Raiders, acquired the Aces nearly two years ago. 

UFC president Dana White and former Raiders tight end Darren Waller have detailed how the Raiders were close to acquiring Brady before the 2020 season. Brady, a five-time Super Bowl MVP, ultimately signed with the Tampa Bay Buccaneers. 

“I’ve heard it from multiple sources that I respect and I’ve been close to,” Waller told Forbes. “They’re like, ‘Yeah, Brady to the Raiders was a lock.’”

White said that then-coach Jon Gruden “blew the deal up and said that he didn’t want [Brady].”

Brady, who retired last offseason only to return to the Bucs, retired again after last season. He played 23 seasons in the NFL, the first 20 seasons with the New England Patriots. 

Brady’s interest in WNBA ownership was apparently piqued after attending an Aces game against the Connecticut Sun last May. But Brady detailed how his appreciation of women athletes began much further back. 

“My love for women’s sports began at a young age when I would tag along to all my older sisters’ games,” Brady said. “They were by far the best athletes in our house. We celebrated their accomplishments together as a family, and they remain a great inspiration to me.”

The Aces begin their title defense on May 20 against the Seattle Storm.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

WNBA: Fans Were Erroneously Told to Cover XX-XY Athletics T-Shirts

It marks the latest flash point in fan-involved incidents for the WNBA.

Caitlyn Jenner Reacts to WNBA Transgender Controversy

Two former NBA players have said they’re declaring for the WNBA draft.
Mar 12, 2026; Los Angeles, California, USA; Los Angeles Lakers majority owner Mark Walter and team executive Jeannie Buss in attendance at Crypto.com Arena. Mandatory Credit

In Sudden $12.5B Lakers Sale, Big Questions Remain

Why did Mark Walter flip the NBA’s crown jewel in 10 months?

Cubs, Nationals in Trademark Fight with WNBA Over ‘The W’

The baseball teams claim the league’s filing could cause “confusion.”
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Jessica Pegula on the US Open, WTA Sex Testing, and More.

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Varsity Brands

Varsity Brands CEO on PE Ownership and the Business of Cheer

Varsity includes a cheerleading business and an athletic apparel division.
Jan 8, 2024; Houston, TX, USA; Adam Schefter talks on a set before the 2024 College Football Playoff national championship game between the Michigan Wolverines and the Washington Huskies at NRG Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
July 31, 2026

Schefter Among Early Investors to Cash In on Underdog Sale

Schefter first invested in Underdog in 2021.
Huddle in the Hamptons
August 4, 2026

Why Investors Want to Bring Athletes Into Ownership Groups

LeBron James and Tom Brady have ownership stakes in multiple sports teams.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
At Five Points Sports Bar, in Levittown, Philadelphia Eagles fans watch first quarter action, in Super Bowl LVII, in Arizona, on Sunday, Feb. 12, 2023.
July 31, 2026

NFL Sunday Ticket Will Still Be Available by Satellite at Sports Bars

DirecTV’s previous deal expired after the 2025 NFL season.
Underdog Fantasy
July 30, 2026

Underdog Sold to U.K.’s IG Group in Potential $2.15B Deal

IG Group is making a big bet on Underdog’s prediction-market business.
Marques Colston
July 30, 2026

Marques Colston: Why Everyone Is Buying Into Soccer Clubs

Colston’s The Champion Fund invested in Ipswich Town.
Jul 19, 2026; West Sacramento, California, USA; Athletics shortstop Jacob Wilson (5) hits an RBI single during the ninth inning against the Washington Nationals at Sutter Health Park.
July 23, 2026

Mark Cuban, Rashaun Williams Firm Buys Stake in A’s

It’s the first investment by Harbinger Sports Partners, which formed last May.