How Much Of The Raiders Does Tom Brady Own? Unpacking The Deal
The football world, it seems, just can't get enough of Tom Brady, even after he hung up his cleats for good. People are still very curious about his many ventures, and perhaps one of the most talked-about is his involvement with the Las Vegas Raiders. It's a pretty big deal, you know, seeing a legendary player transition into team ownership.
Since May 2023, there have been curious questions floating around about just how much of the Raiders Tom Brady actually bought. It took quite a bit of time, about 17 months, for his bid to purchase a minority stake in the Las Vegas Raiders to finally get the green light. The NFL's 32 owners, as a matter of fact, voted to approve Brady's purchase on a Tuesday, which really cemented his new role.
So, Tom Brady can officially add "NFL owner" to his already impressive resume. This move, it's almost like, just another chapter in his incredible career. He's now a partial owner of the Raiders, which, you know, is a significant development for the team's ownership structure, too. It's a rather surprising move for many, considering his deep ties to other teams during his playing days.
Table of Contents
- Tom Brady: A Brief Look
- Personal Details and Bio Data
- The Raiders Ownership Deal Unveiled
- Beyond the Percentage: Brady's Impact
- Frequently Asked Questions About Brady's Raiders Stake
Tom Brady: A Brief Look
Tom Brady, as you probably know, is one of the most celebrated figures in the history of American football. He spent two decades with the New England Patriots, winning multiple Super Bowls, and then, you know, he went on to win another with the Tampa Bay Buccaneers. His playing career was nothing short of legendary, marked by incredible longevity and a knack for winning big games.
After hanging up his cleats, Tom Brady still wasn't ready to leave the world of sports entirely. He has, in fact, been involved in a slew of ventures, showing his business acumen. For example, in 2022, he partnered with tennis legend Kim Clijsters to become a founding investor as the Major League Pickleball league underwent major expansion. In the league’s first season in 2023, the Night Owls, a team he co-owns, were quite successful. His joining the Las Vegas Raiders' ownership group was, arguably, one of his most surprising moves yet.
Personal Details and Bio Data
| Detail | Information |
|---|---|
| Full Name | Thomas Edward Patrick Brady Jr. |
| Known For | Legendary NFL Quarterback, now NFL Team Owner |
| Team Ownership | Las Vegas Raiders (Minority Owner) |
| Approval Date | Tuesday (after 17 months of bidding) |
| Other Ventures | Major League Pickleball (founding investor, team owner) |
The Raiders Ownership Deal Unveiled
The exact details of Tom Brady's stake in the Las Vegas Raiders, as a matter of fact, have remained somewhat unclear for a while. It's been a rather secretive deal, which, you know, only added to the curiosity surrounding it. However, various sources have shed some light on what we know about his involvement with the team.
What the Reports Say About His Stake
According to league sources, the agreement between Brady, his business partner Tom Wagner, and Raiders owner Mark Davis, is for a 10 percent stake in the Raiders overall. This 10 percent is, apparently, split approximately 5 percent apiece for Brady and Wagner. So, Tom Brady himself is purchasing about 5% of the team, which is a pretty significant chunk, honestly.
Sports Illustrated, too, reported that Tom Brady is buying 5% of the team. This aligns with what league sources have indicated. There have been other figures mentioned, for example, Tom Brady’s stake in the Raiders has been calculated by some to be 7%, which, you know, would amount to a significant sum. However, the most consistent reports point to that 5% figure for Brady personally.
As per Sportico, Brady and his ownership group were looking to acquire a 10% stake in the franchise. This, again, supports the idea of a shared investment with his business partner. CSB Sports also reported that Tom Brady purchased a 10% stake in the Las Vegas Raiders last October, with 5% going to him and the other 5% allocated to his business partner, Tom Wagner. This consistent reporting across different outlets gives us a fairly clear picture of the situation.
The NFL's 32 owners, in a significant development, voted to approve Tom Brady's acquisition of a 5% stake in the team. This official approval means that the 5% figure is, in fact, the confirmed amount of his personal ownership. So, to answer the big question, Tom Brady owns five percent of the Las Vegas Raiders. He was recently approved by the NFL Board of Governors to become a minority owner in the franchise, which, you know, has been described as "struggling" by some.
The Value of Brady's Share
To understand the financial weight of Tom Brady's investment, it's helpful to look at the Raiders' current valuation. According to Forbes, the Raiders are currently valued at $6.7 billion. This valuation helps us put Brady's percentage into perspective. If he owns 5% of a team valued at $6.7 billion, then his share, in a way, carries a substantial price tag.
Sports Illustrated reported that Tom Brady is buying 5% of the team, which would make the value of his share $335 million. That's a very large sum, reflecting the high value of NFL franchises. If we consider the 7% figure mentioned by some, that would amount to a significant $434 million, but the confirmed 5% stake is what we should focus on for now. The recent valuation of the Raiders, you know, aligns with the consolidation of minority ownership stakes like Brady's.
The Approval Process and Timeline
The process for Tom Brady to become a minority owner was not an overnight thing. The curious questions, as mentioned, have been in the air since May 2023. It actually took 17 months for Tom Brady's bid to purchase a minority stake in the Las Vegas Raiders to finally be approved. The NFL's 32 owners, as a matter of fact, voted to approve Brady's purchase on a Tuesday at their meeting.
This long timeline shows the thoroughness of the NFL's approval process for new owners. It's not just a simple handshake deal; there are many financial and background checks involved. The fact that it took so long, you know, highlights the careful consideration given to such a significant change in a team's ownership structure. This development means Brady can officially add "NFL owner" to his already impressive resume, which is, you know, quite a feat after such a storied playing career.
Beyond the Percentage: Brady's Impact
Tom Brady's addition to the Raiders' ownership group is more than just a financial investment; it should, in some respects, improve the team's financial outlook even further. His presence brings a huge amount of star power and recognition. For example, Brady currently has three million Twitter/X followers, which is more than one million more than the Raiders themselves, who have 1.9 million. On Instagram, Brady boasts 15 million followers, which, you know, trounces the Raiders' 2.4 million followers by a much wider margin.
This massive social media presence, you know, can translate into increased fan engagement, merchandise sales, and overall brand visibility for the Raiders. His name alone draws attention. The Raiders' ownership structure has expanded to include prominent NFL figures, and Brady is certainly one of the most prominent. His joining the Las Vegas Raiders' ownership group was, perhaps, the most surprising among the slew of ventures he is a part of.
It's also worth considering how this ownership role might impact his broadcasting career. Tom Brady wants to buy a stake in the Raiders ownership group, and doing so could, arguably, impact his broadcasting career with Fox. How much money does Tom Brady get paid from Fox? That's a different question, but the potential for conflicts of interest or changes in his media roles is something that people are very interested in. This new role as a partial owner of the Raiders, honestly, adds another layer to his post-playing career.
Discover who owns the Las Vegas Raiders in this comprehensive guide covering Mark Davis, Tom Brady's stake, and the team's ownership structure. Learn more about NFL team ownership on our site, and link to this page about sports business ventures.
Frequently Asked Questions About Brady's Raiders Stake
Q1: How much of the Las Vegas Raiders does Tom Brady own?
A1: Tom Brady officially owns five percent of the Las Vegas Raiders. This stake was recently approved by the NFL Board of Governors after a long process, which is, you know, a pretty significant portion of the team.
Q2: What is the value of Tom Brady's share in the Raiders?
A2: According to Sports Illustrated, based on the Raiders' valuation of $6.7 billion by Forbes, Tom Brady's 5% share is valued at $335 million. That's a very substantial investment, honestly.
Q3: When was Tom Brady's ownership stake in the Raiders approved?
A3: Tom Brady's bid to purchase a minority stake in the Las Vegas Raiders was finally approved by the NFL's 32 owners on a Tuesday, after a 17-month process. This official approval, you know, came after much anticipation since May 2023.
You can find out how big of a stake Brady officially owns in the Raiders now, and see that Tom Brady is officially a part owner in the NFL team Las Vegas Raiders. This move, it's almost like, cements his place in the league's business side, too. For more general information about sports ownership, you might want to check out this Sports Business Journal article.
Does Tom Brady Own the Raiders?
Does Legendary Quarterback Tom Brady Own the Las Vegas Raiders? | PFSN
Does Tom Brady own the Raiders? NFL approves minority stake for
