Tuesday, June 9, 2026

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

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

FIFA Ramps Up World Cup Ticket Giveaways

The strategy allows FIFA to move tickets while still making money.

LIV CEO Won’t Guarantee Final 4 Events of 2026 Season Happen

The PIF in April said it would fund LIV through this season.
Jun 3, 2026; San Antonio, Texas, USA; NBA analyst for ESPN,Stephen A. Smith before game one of the 2026 NBA Finals at Frost Bank Center. Mandatory Credit: Scott Wachter-Imagn Images

Trump, Stephen A. Smith Escalate NBA Finals–Fueled Feud

Trump questioned if Smith has the IQ required to run for president.

Josh Allen Tops NFLPA’s Top-50 Player Sales List

Saquon Barkley previously held the top spot. 

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.

Knicks-Spurs Game 2 Notches Another Viewership Win for ABC

The latest viewership figure extended a heady run for Disney.
Apr 21, 2026; Los Angeles, California, USA; Houston Rockets forward Kevin Durant (7) looks on from the court in the second half of game two of the first round of the 2026 NBA Playoffs against the Los Angeles Lakers at Crypto.com Arena. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images
June 9, 2026

Yahoo Sports Syndicates False Kevin Durant Trade Story

As of Tuesday, Durant remains a member of the Rockets.
Jun 8, 2026; New York, New York, USA; Television analyst and hall of fame basketball player Shaquille O'Neal walks on the court before game three of the 2026 NBA Finals between the San Antonio Spurs and New York Knicks at Madison Square Garden. Mandatory Credit: Geoff Burke-Imagn Images
opinion
June 9, 2026

Shaquille O’Neal Shines During ‘Inside the NBA’ Finals Debut

The Diesel praised the Spurs’ physical play in Game 3.
Sponsored

World Cup Betting Preview: Big Kickoff in USA, Canada, and Mexico

A look at the key betting storylines heading into the tournament, including favorites, dark horses, and top scorer odds.
June 9, 2026

NFL Faces Renewed Congressional Attack Over Media Pricing, Access

Federal scrutiny rises further around the league’s media policies.
Mar 15, 2024; Las Vegas, NV, USA; FS1 announcer Jason Benetti during the game between the Colorado Buffaloes and the Washington State Cougars at T-Mobile Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports
June 9, 2026

How NBC’s Jason Benetti Learned to Trust His Dry Wit

Benetti is in his first season as NBC’s lead baseball announcer.
June 8, 2026

NBA, NHL Title Series Continue Delivering Big Audiences for ABC

The NHL is continuing its television audience growth wave.
Jun 2, 2012; Oklahoma City, OK, USA; San Antonio Spurs guard Tony Parker (9) brings the ball up-court against the Oklahoma City Thunder during the first half in game four of the Western Conference finals of the 2012 NBA playoffs at Chesapeake Energy Arena.
June 8, 2026

ESPN Ends NBA Finals AI Graphics After Viral Tony Parker Image

Online outrage surfaced after ABC aired an AI-generated image of Tony Parker.