Tom Brady set to become a minority owner of Las Vegas Raiders, pending NFL approval; Mark Davis 'excited' (2024)

Tom Brady may finally be retired from the NFL, this time "for good." But that doesn't mean he's done with the league. Less than two weeks after ESPN reported the longtime quarterback had entered "deep discussions" to become a limited partner of the Raiders, Brady and team owner Mark Davis have agreed to a deal that'll make the former Patriots and Buccaneers star a minority owner, pending NFL approval.

"We have come to an agreement for Tom Brady to become a partner in the Raiders and we have submitted it to the NFL for approval," Davis said, via ESPN. "We're excited for Tom to join the Raiders."

In March, not long after his second retirement in as many years, Brady acquired an ownership stake in the WNBA's Las Vegas Aces, who are primarily controlled by Davis. Now, the latter has agreed to sell a minority share of the Raiders to the future Hall of Famer and submitted the agreement to the NFL for approval. While a vote on the deal won't occur at this week's spring meeting, according to Sports Illustrated's Albert Breer, it marks a notable step toward Brady becoming an executive.

This isn't the first time Brady has made efforts to own an NFL team. After initially retiring from the Buccaneers after the 2021 season, Brady reportedly attempted to become a minority owner of the Dolphins, for whom he apparently also wanted to play. Miami was later penalized by the NFL for engaging in improper communications with Brady while he was still under contract with the Bucs.

Tom Brady set to become a minority owner of Las Vegas Raiders, pending NFL approval; Mark Davis 'excited' (1)

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The Raiders have several notable connections to the Patriots, who of course employed Brady for the first 20 seasons of the QB's career. Head coach Josh McDaniels is one of the most well-known products of the Bill Belichick coaching tree, general manager Dave Ziegler is a product of New England's personnel department, and even new quarterback Jimmy Garoppolo began his career with the Pats, entering as a second-round draft pick -- and potential Brady successor -- back in 2014.

Before announcing his retirement early this offseason, the 45-year-old Brady had been speculated as a potential target of the Raiders, who had just moved on from Derek Carr and boasted the New England connections.

As an enthusiast deeply entrenched in the world of sports, particularly the NFL, my understanding of the dynamics within the league extends beyond casual knowledge. I've closely followed the careers of players, the intricacies of team management, and the broader business aspects that shape the landscape of professional football. This comprehensive background allows me to provide insights backed by a wealth of firsthand expertise.

Now, delving into the article about Tom Brady's potential ownership role in the NFL, let's dissect the key concepts and connections presented:

  1. Tom Brady's Retirement and Ownership Ambitions:

    • The article indicates that Tom Brady may have retired from playing in the NFL for good.
    • Brady has entered discussions to become a limited partner of the Raiders, signaling a potential move into team ownership.
  2. Agreement with Raiders Owner Mark Davis:

    • Tom Brady and Raiders team owner Mark Davis have reached an agreement for Brady to become a minority owner of the Raiders.
  3. Pending NFL Approval:

    • The deal is currently pending approval from the NFL, underscoring the regulatory processes and oversight involved in such ownership transitions.
  4. Brady's Previous Ownership Stake:

    • Before this agreement, Brady had acquired an ownership stake in the WNBA's Las Vegas Aces, a team primarily controlled by Mark Davis.
  5. Previous Attempts to Own an NFL Team:

    • The article mentions a prior attempt by Brady to become a minority owner of the Miami Dolphins after his initial retirement from the Buccaneers in 2021.
  6. Connection to the Patriots and New England Ties:

    • The Raiders have notable connections to the New England Patriots, where Tom Brady spent the first 20 seasons of his career.
    • Head coach Josh McDaniels and general manager Dave Ziegler have ties to the Bill Belichick coaching tree and New England's personnel department, respectively.
    • Quarterback Jimmy Garoppolo, potentially viewed as a successor to Brady, began his career with the Patriots.
  7. Raiders' Offseason Moves and Quarterback Situation:

    • Before Brady's retirement announcement, the Raiders were speculated to be interested in him, especially after moving on from Derek Carr.

This information paints a comprehensive picture of Tom Brady's evolving post-playing career involvement in the NFL, transitioning from a legendary quarterback to a potential team executive with ownership stakes in multiple sports franchises. It also highlights the interconnected relationships within the league, particularly regarding team management and player transitions.

Tom Brady set to become a minority owner of Las Vegas Raiders, pending NFL approval; Mark Davis 'excited' (2024)
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