• Loading stock data...
Tuesday, April 23, 2024
  • -
  • -
  • -
  • -

Tom Brady Finalizes Deal for Ownership Stake in Las Vegas Raiders

  • Brady also has a stake in the WNBA’s Las Vegas Aces, another team owned by Mark Davis.
  • The retired quarterback’s Raiders stake is not expected to impact his broadcasting deal with Fox Sports.
Tampa Bay Buccaneers quarterback Tom Brady exits field after game against the Atlanta Falcons
Matt Pendleton-USA TODAY Sports

Tom Brady has agreed to acquire a minority share in the Las Vegas Raiders, his second investment in a team owned by Mark Davis. The legendary quarterback purchased a stake in the WNBA’s Las Vegas Aces in March. 

Brady’s deal with the Raiders has been submitted to the NFL for approval, according to Albert Breer of Sports Illustrated. The ownership transaction isn’t expected to impact Brady’s $375 million, 10-year agreement with Fox Sports to broadcast NFL games starting in 2024.

Reports of ownership discussions between Brady and the Raiders emerged two weeks ago from ESPN. In 2020, the Raiders were rumored to be interested in signing Brady as the team’s quarterback before he joined the Tampa Bay Buccaneers for the final three seasons of his playing career. 

The Raiders had a valuation of $5.1 billion last year, per Forbes. In addition to the Raiders and Aces, Brady’s ownership portfolio includes a stake in a Major League Pickleball expansion franchise expected to begin play this year.

Brady’s other business endeavors include his NFT startup Autograph, which raised $170 million in 2022. He also has his own clothing company called Brady Brand and is a co-founder of the sports media production company Religion of Sports.

The seven-time Super Bowl champion was also a significant shareholder and ambassador for FTX, the cryptocurrency exchange that filed for bankruptcy last year.  


Copy Link
Link Copied
Link Copied

What to Read

Phoenix’s NHL Future on Ice: Can Meruelo Reactivate the Coyotes?

NHL commissioner Gary Bettman acknowledges there could be a repeat of local political opposition.

Caitlin Clark and the Fever to Receive Even More TV Coverage

The WNBA team is placing 17 games on over-the-air stations in the Indianapolis area.

Michael Jordan Is Finally Finding Success as a Team Owner

His Airness is spending more time at the track, and watching his team succeed.
podcast thumbnail mobile
Front Office Sports Today

Randy Johnson, Bird Savior


Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Multiple - USA Careers
Multiple - USA Careers

Chinese Government Says Swimming Doping Story Is ‘Fake News’

23 Chinese swimmers tested positive before the 2021 Olympics.
April 18, 2024

DOJ to Pay $100 Million to Gymnasts Over FBI Failures

The reported settlement brings victim payouts to nearly $1 billion.
Caitlin Clark
April 18, 2024

Fever’s Still Running: Tickets, Jerseys, and the Caitlin Clark Economy

Unprecedented ticket and merchandise demand for the WNBA rookie continues.

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 18, 2024

Caitlin Clark ‘Nearing’ $20 Million-Plus Nike Deal: Report

Clark had an NIL deal with Nike at Iowa as well.
April 17, 2024

NBA Bans Jontay Porter for Life After Gambling Investigation

The NBA found that Porter gave injury information to sports gamblers, among other violations.
April 17, 2024

Even Joe Biden Is Surprised By Caitlin Clark Making $76K

The president posted Tuesday night about pay disparities in sports.
April 16, 2024

Caitlin Clark Drives Massive WNBA Draft Audience for ESPN

Clark’s coronation was the most-watched WNBA telecast in decades.