As if the football gods wanted to distract all Raiders fans as to what trade happened this morning, Tom Brady has officially been approved to be a partial owner of the Las Vegas Raiders.
We’re all friends here, so lets put it all out on the table. I’m a huge Brady fan. I grew up in New England when I was younger, so I was on the other side when the Tuck Rule happened. It was a glorious time for us New England Patriot fans. Even when he left, my heart continued on to Tampa Bay.
Tom Brady is now entering his second career in his life, which is broadcasting, doing commercials, and owning multiple franchises – and I’m all about it. Thomas Edward Patrick Brady can do no wrong.
Alright now that that is out of the way, let’s talk logistics as to what his new ownership venture means:
- Brady’s Stake Approved: Tom Brady, the famous former NFL quarterback, now owns a minority stake in the Las Vegas Raiders. This decision was made official during an NFL meeting in Atlanta today.
- Ownership Process:
- Back in May 2023, Brady and businessman Tom Wagner reached an agreement with Raiders owner Mark Davis to buy 10% of the team.
- The NFL’s financial committee initially felt the terms were too cheap, so adjustments were made before the deal got approved.
- Brady needed at least 24 votes from NFL owners for the deal to pass, which he secured.
- Impact on Brady’s Broadcasting Career:
Brady recently started a 10-year, $375 million broadcasting deal with FOX. However, his new ownership role with the Raiders means he’ll have some restrictions in his broadcasting job:- He cannot attend production meetings with players and coaches.
- He cannot visit other teams’ facilities.
- He cannot criticize referees during games or make certain comments.
That last part is whats going to be interesting. When TB12 is working his next broadcast, what happens if the referees are having an off game? Or if there’s another “Fail Mary” instance? I’m not sure but if anyone can navigate through it, its our lord and savior, Tom Brady.
