Tom Brady Buys a Minority Stake in Las Vegas Raiders

Buccaneers Quarterback Tom Brady in 2020
Tom Brady with the Buccaneers in 2020. Photo by Mike Wulf/CSM/Shutterstock (10947024a)

The Las Vegas Raiders have added legendary quarterback Tom Brady to their ownership group. The news was confirmed by the Raiders’ majority owner Mark Davis in a recent chat with ESPN.

According to Davis, the agreement between him and Brady is currently waiting to be approved by the NFL owners. 

“We’re excited for Tom to join the Raiders, and it’s exciting because he will be just the third player in the history of the National Football League to become an owner,” Davis told ESPN.

The first player to be an NFL team owner was Jerry Richardson, who played for the Chicago Bears from 1920 to 1929 while serving as the team’s owner from 1921 until his death in 1983. The second was Jerry Richardson, who played two seasons with the Baltimore Colts (1959-1960) while owning the Carolina Panthers from 1995 to 2018.

Becoming a minority owner in the Raiders marks Tom Brady’s second business venture with Mark Davis. Brady previously joined the ownership group of WNBA’s Las Vegas Aces, which also has Davis serving as the controlling owner.

Brady will be welcomed by several other familiar faces inside the Raiders’ organization. The team’s head coach Josh McDaniels served as Brady’s offensive coordinator during his time with the New England Patriots, while general manager Dave Ziegler was director of player personnel in New England. The Raiders’ roster also features a number of former Pats players, including quarterbacks Jimmy Garoppolo and Brian Hoyer.