Los Vegas Raiders owner Marc Davis told ESPN that legendary quarterback Tom Brady will own minority status in the franchise.
«We have reached an agreement for Tom Brady to become a partner with the Raiders and have submitted it to the NFL for approval. We are excited for Tom to join the Raiders,» he said in a statement to ESPN.
With Brady’s retirement from the game «for good» this time around following the Tampa Bay Buccaneers’ loss to the Dallas Cowboys in the playoffs last season, ESPN reported last week that Brady was in «deep talks» with Davis and the Raiders to become a limited player. couple.
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The report noted that Brady’s involvement with the franchise would be «passive» and would not give him any «operational control or authority over the club in commercial or football matters.»
Like any ownership deal, 24 of the NFL’s 32 owners would have to sign it before the league could secure it.
TOM BRADY IN ‘DEEP DISCUSSIONS’ TO BECOME RAIDERS LIMITED PARTNER: REPORT
If the vote goes through, not expected to take place at this week’s owners meetings, Brady would join George Halas and Jerry Richardson as the only players to become league owners.
Brady’s involvement in sports franchises in the Las Vegas area was already underway after she bought a stake in the Las Vegas Aces, the 2022 WNBA champions. That acquisition came in March.
Brady has wanted to own the NFL, having reportedly tried to buy a minority stake in the Miami Dolphins in 2021 when he initially backed out of the Bucs before questioning that decision.
The Dolphins ultimately came under fire from the league for engaging in communications they weren’t allowed to have with Brady, as he was still under contract with the Bucs when those ownership talks occurred.
However, Las Vegas was also an interesting franchise that had connections to Brady following his illustrious tenure in New England. Not only is their former offensive coordinator, Josh McDaniels, the team’s head coach, but general manager Dave Ziegler also hails from the Patriots.
There’s also new Raiders quarterback Jimmy Garoppolo, who was Brady’s backup with the Patriots before moving on to the San Francisco 49ers.
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Brady, 45, is clearly married to the game, but now that his playing days are over, becoming an owner, and perhaps an executive in the future, is the next chapter.