Tom Brady joins Raiders as minority owner amid NFL tensions
After several months of discussions, American football legend Tom Brady has officially become a minority shareholder in the NFL team from Las Vegas. The decision to include him in the Raiders' ownership group was approved during a shareholders' meeting in Atlanta.
11:40 AM EDT, October 16, 2024
47-year-old Tom Brady, considered by many as one of the best players in American football history, has acquired a five percent stake in the Raiders.
The topic of his involvement with the team has been under discussion for a year and a half. The main focus of the talks was to determine the final percentage of his share. Another challenging issue was the potential conflict of interest, as Brady serves as an NFL commentator for Fox Sports.
Given this situation, the NFL management has imposed restrictions on Brady's media activities. As a co-owner of the team, he must now adhere to the principle of "being barred from publicly criticizing referees or opposing teams." This aims to ensure neutrality when commenting on games involving his team.
Tom Brady is the most decorated player in NFL history. He is the only player to win seven Super Bowl titles—six with the New England Patriots (from 2000 to 2019) and one with the Tampa Bay Buccaneers in 2021. His sports achievements are remarkable: he has been named the most valuable player of the league finals (Super Bowl MVP) five times and has received the regular-season MVP award three times.
In 2024, a statue of the legend was erected near the New England Patriots stadium in honor of his career, and his number 12 was retired. The team's owner, Robert Kraft, made this decision. Brady ended his career on February 1, 2023.
Before their move in 2020, the Las Vegas Raiders were based in the Californian cities of Oakland and Los Angeles. The franchise from Las Vegas now boasts a football legend as a minor shareholder, which will likely resonate in the sports community for quite some time.
He is a legend of American sports. He supports other clubs
It's worth mentioning that Brady's involvement in the sports world extends beyond American football. He also holds shares in other teams: the English club Birmingham City, which plays in the Championship, and the WNBA team Las Vegas Aces.
