Tom Brady, a former NFL great, has reached an agreement with Mark Davis to share ownership of the Las Vegas Raiders.
Hall of Famer’s future and the owner of the Las Vegas Raiders had been in discussions about a potential arrangement for weeks, according to NFL insider Albert Breer.
According to Breer, the agreement has been reached and now seeking the approval of at least 24 additional league owners. The vote won’t take place in the spring, but it will probably happen soon.
If and when the move becomes official, Brady will not have a say in the team’s business or football affairs. It is however expected that he will have a huge impact on the team.
This would not be Brady’s first foray into sports ownership. He’s already a Major League Pickleball Team owner and he’s got a part of Davis’ WNBA team, the Las Vegas Aces, as well.
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Davis has been looking for a limited partner and was in talks with Magic Johnson a year ago. Johnson wound up being a part of the Commanders’ new ownership group.
The origin of Davis and Brady’s business relationship began last May when the former NFL quarterback attended an Aces game. The two caught up at the contest in a conversation that would eventually lead to Brady purchasing a partial ownership stake in the Aces in March.
Tom Brady, 45, retired in February following a historic 23-year career, winning seven Super Bowls.
