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Brady Scores a New Role
Kevin Jairaj-Imagn Images

Ownership Deal Delays
The process started in May 2023 but faced delays due to concerns over the financial terms, particularly whether Brady received favorable conditions. The NFL’s finance committee approved his 5% stake, leading to Tuesday’s vote.Richard Seymour.

Credit: Darren Yamashita-Imagn Images

Brady Approved as Raiders Owner
Tom Brady’s bid to purchase a 10% stake in the Las Vegas Raiders was unanimously approved by NFL owners during their fall meeting in Atlanta. Brady partnered with businessman Tom Wagner for the deal. “I’m incredibly humbled and excited to be an owner of the Las Vegas Raiders,” Brady USA TODAY Sports Reporter Jarrett Bell. “Football is about teamwork, resilience, and excellence. The Raiders and Las Vegas represent these values, and I’m honored to join.” Raiders owner Mark Davis also traded wide receiver Davante Adams to the New York Jets. “We traded Davante Adams for Tom Brady and a third-round pick,” Davis joked. “Brady will help us find and mentor a new quarterback.”

Richard Seymour, too.

NFL Hall of Famer Richard Seymour also became part-owner of the Raiders. “I’m grateful to be an NFL owner. It’s about more than just the numbers,” Seymour said. Davis praised Seymour’s connection to his father, Al Davis, saying, “Richard and my father shared great respect. He’s the right person for our organization.” 

Brady’s NFL Ties Beyond Ownership
Brady also holds a minority stake in the WNBA’s Las Vegas Aces. Though retired, he remains a Fox NFL analyst but faces restrictions, including not attending team practices or production meetings, and cannot criticize officials on air.

This article first appeared on Dice City Sports and was syndicated with permission.

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