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Tom Brady becomes minority owner in NFL franchise, per report
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Tom Brady is officially a minority owner of the Las Vegas Raiders, according to a report.
Per the NFL Network’s Ian Rapoport, the former quarterback has purchased a 5% stake in the Raiders. He and a partner officially own 10% of the team, per the report.
Tom Brady has now been officially approved by the NFL owners as a limited partner of the #Raiders.
With his 5% stake official (but a total purchase of 10% by Brady and his partner), his playing career is now over. pic.twitter.com/ykDwKH2f5M
— Ian Rapoport (@RapSheet) October 15, 2024
Brady’s playing career has been over for a couple years now, but joining an ownership group formalizes that reality. He’s in his first season in the FOX broadcast booth alongside play-by-play man Kevin Burkhardt.
As a stakeholder in one of the NFL’s 32 teams, Brady would face a number of restrictions when making public comments on other teams and officials. That could mean significant restrictions on what he’s able to say when broadcasting games moving forward. Here’s a list of Brady’s reported restrictions moving forward:
Tom Brady's restrictions as a minority owner of the Raiders:
▪️ Can't be in another team's facility
▪️ Can't attend practices
▪️ Can't attend broadcast production meetings
▪️ Can't criticize game officials and other clubs(h/t @USATODAY) https://t.co/mWmXO7ioC9 pic.twitter.com/FQRcO60fcW
— Yahoo Sports (@YahooSports) October 15, 2024
Brady isn’t the only former player who finalized a stake int he Raiders on Tuesday. Pro Football Hall-of-Famer and former Georgia star Richard Seymour also announced on Tuesday that he now has a stake in the team. Seymour played for the Raiders from 2009-12.
Brady is scheduled to be on the call for Chiefs-49ers this weekend.
Spenser is the news manager at Saturday Road and covers college football across all Saturday Football brands.