• Loading stock data...
Monday, December 1, 2025

Tom Brady’s $220 Million Raiders Stake Is Messing With His $375 Million Day Job

  • The NFL has placed heavy restrictions on Brady as a Fox broadcaster.
  • He is still permitted to call Raiders games.
Kevin Jairaj-Imagn Images

New Raiders part-owner Tom Brady can, in fact, call Las Vegas games on Fox airwaves. The NFL confirmed as much Thursday after Brady’s long-awaited 10% stake in the team was unanimously approved by owners at the owners meetings in Atlanta earlier this week.

It took Brady nearly a year and a half to get to that point. In addition to worries about “the quality of his money,” as ESPN reported, there were obvious concerns about his role as Fox’s lead analyst on Sundays. 

Brady and investor Tom Wagner reportedly paid $220 million for their share at a $3.5 billion evaluation of the team.

Even before the stake was finalized, the league essentially neutered Brady’s ability to learn about the teams he was covering, as the other owners worried about an interested party getting inside information about their teams. 

These are the restrictions that Brady has been working under, as reported by Seth Wickersham in August:

  • He can’t criticize teams or refs.
  • He can’t enter teams’ facilities.
  • He can’t attend practices.
  • He can’t join pregame production meetings with teams or players—in person or virtually.
  • He’s subject to the league’s gambling and tampering policies. 

The Cowboys told ESPN this week that they prefer Brady to attend their meetings when covering their games.

Fox signed Brady to a 10-year, $375 million deal as soon as his retirement papers were dry; the legendary quarterback took a year away from the league before replacing Greg Olsen as Fox’s No. 1 analyst this year. His broadcasting career got off to a halting start, although the broad consensus is that Brady has been gradually improving.

Brady’s two jobs were a major topic in Atlanta this week. Normally placid league commissioner Roger Goodell appeared somewhat agitated when asked by Front Office Sports about how the NFL got comfortable with the deal.

“Tom’s been abiding by the issues that we raised through the [finance] committee voluntarily since he began his broadcasting,” Goodell said. “That’s all been resolved, outlined very clearly, and everybody seems to be satisfied with that.”

Or not. Finance committee chairman and Chiefs owner Clark Hunt, who will now share a division with Brady, said that the broadcasting situation raised eyebrows.

“I think a lot of owners around the league felt that was a potential conflict,” Hunt said. “It’s hard to know whether it will be an actual conflict, but it can be a potential conflict or perceived conflict.”

— With Eric Fisher reporting from Atlanta

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 19, 2024; Miami, Florida, USA; Udonis Haslem speaks after his jersey was lifted to the rafters during the retirement ceremony during halftime of the game between the Miami Heat and the Atlanta Hawks Kaseya Center.
exclusive

Udonis Haslem Settles Out of FTX Litigation

He follows his former teammate Shaquille O’Neal in settling.

Thanksgiving Trend Delivers: MSU-UNC Sets TV Ratings Record

Fox averaged 5.49 million viewers for Michigan State–North Carolina.

Cohen’s $8B Casino Dream Next to Citi Field Wins State Support

The long-planned casino project is recommended for license approval.

Featured Today

Big League Wiffle Ball

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
November 24, 2025

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
Nov 23, 2025; Inglewood, California, USA; Los Angeles Rams quarterback Matthew Stafford (9) throws a pass against the Tampa Bay Buccaneers during the fourth quarter at SoFi Stadium.
November 24, 2025

Stafford, Rams Rise From the Pack to Super Bowl Contention

The NFL team now has the top odds to win Super Bowl LX.
Nov 16, 2025; Orlando, Florida, USA; NJ/NY Gotham FC celebrate after scoring during extra time against Orlando Pride at Inter&Co Stadium
November 22, 2025

The NWSL Is Growing at Breakneck Pace. Can It Keep Surging?

While the league surges, it also must survive two major challenges.
ESPN's Dick Vitale and former Auburn basketball player Charles Barkley at Auburn Arena in Auburn, Ala., on Saturday, Jan. 19, 2019. Kentucky leads Auburn 35-27 at halftime.

ESPN-TNT Pact Expands With Charles Barkley–Dick Vitale Collab

ESPN and TNT Sports have worked together on a number of initiatives.
Detroit Lions cornerback D.J. Reed (4) celebrates 34-27 win over New York Giants in overtime at Ford Field in Detroit on Sunday, Nov. 23, 2025.
November 26, 2025

NFL Thanksgiving Game on Tubi Might Help Fox Break Records

The game’s simulcast on the ad-supported Tubi could be highly impactful.
December 1, 2025

Scripps Adds Poison Pill to Block Tennis Channel Owner’s Takeover

The Ion owner adopts a poison pill to help block unwelcome deals.
Sponsored

NFL QB Christian Ponder Is Preparing Athletes for Business

Former NFL quarterback Christian Ponder discusses the transition from field to boardroom.
The new Warner Bros. Discovery sign at Discovery HQ photographed in Knoxville, Tenn. on Thursday, July 7, 2022.
November 26, 2025

WBD Seeks Sweetened Bids From Suitors—Due Dec. 1

The TNT Sports parent company is looking for elevated bids.
Nov 29, 2024; Kansas City, Missouri, USA; A general view of the Amazon Black Friday logo on stage prior to a game between the Kansas City Chiefs and Las Vegas Raiders at GEHA Field at Arrowhead Stadium.
November 26, 2025

Amazon Readies Black Friday Sports Bonanza With NFL, NBA, Golf

Amazon has 15 hours of live sports for the post-Thanksgiving holiday.
Verstappen
November 25, 2025

F1 Las Vegas Grand Prix Breaks Viewership Record In Year 3

The previous two races started at 1 a.m. ET. 
Elle Duncan
exclusive
November 25, 2025

Elle Duncan’s Exit Sets Off ‘Stampede’ Inside ESPN

Duncan will likely leave ESPN entirely at the end of this year.