Quarterback legend Tom Brady is about to return to the National Football League – as a club owner. The 46-year-old is expected to be approved as a minority owner of the Las Vegas Raiders at the NFL owners’ fall meeting on Tuesday in Atlanta. This is reported by the ESPN portal with reference to league sources. The Finance Committee of the North American Professional Football League (NFL) has reviewed Brady’s offer and plans to submit it to the other owners for a vote, with 24 of the league’s 32 owners having to approve.
This appears to be a formality, according to ESPN. Together with businessman Tom Wagner, Brady plans to use the deal to buy around ten percent of the Raiders from owner Mark Davis. An agreement on the transaction has existed since May 2023, and Brady has now improved an original offer. Recently there was a stir because of the impending transaction. As a TV expert for the Fox Sports channel, from which Brady is to receive 375 million euros for a ten-year contract, there are likely to be conflicts of interest. If the deal with the Raiders is finalized, Brady will not be allowed to publicly criticize referees, for example.
Brady won the Super Bowl seven times as an NFL professional over 23 seasons. Brady won six of his rings with the New England Patriots and the seventh with the Tampa Bay Buccaneers before ending his career after the 2022 season.
