Tom Brady could soon become a minority owner in the NFL after having agreed to purchase shares in an AFC West team.
The former star quarterback is retired from football, but he’s not quite done with the game. Earlier this month, ESPN reported that the 45-year-old had entered talks to become a limited partner of the Las Vegas Raiders. According to Sports Illustrated’s Albert Breer, Brady has since agreed to a deal with Mark Davis that will make him a minority owner in the team.
Brady bought a stake in the WNBA’s Las Vegas Aces, a team also controlled by Davis, back in March. And the two men have done some more business, with Davis agreeing to sell a minority share of the NFL franchise to the seven-time Super Bowl winner.
Documents have been submitted to the NFL for approval, though the sale won’t be voted on at the spring meeting set to take place this week.
Brady has made attempts to become an owner in the league before. The former QB tried buying into the Miami Dolphins after his first retirement and wanted to play for them too. The Fins ended up being punished for tampering, losing first and third-round picks as he was still under contract with the Tampa Bay Buccaneers.
The former New England Patriots and Bucs star was a reported target for the Raiders before he announced his retirement in February. He’s now poised to join them in another capacity.
