Tom Brady Poised to Acquire Minority Ownership Stake in Las Vegas Raiders

Retired footballer Tom Brady has purchased a minority stake in the Las Vegas Raiders.

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This move, pending NFL approval, makes Brady the third former player to own a franchise stake.

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Team owner Mark Davis has expressed excitement at having Brady as part of the team.

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Brady's involvement in the franchise will reportedly be "passive", with no day-to-day running responsibilities.

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The board members of the franchise are yet to vote on this deal, awaiting NFL's green light.

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This purchase will connect Brady with former colleagues, including second-year head coach, Josh McDaniels.

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Earlier this year, Brady also acquired an ownership stake in the WNBA’s Las Vegas Aces.

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Brady is a known supporter of women's sports, citing the influence of his athletic older sisters.

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His post-football career has seen significant business dealings, including a 10-year, $375 million contract with Fox to broadcast NFL games.

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Despite his new role as Fox’s top game analyst, there's no conflict of interest with his franchise ownership.

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