Tom Brady has been on the minds of Las Vegas Raiders fans for more than two decades since the “Duck Rule” game.
Now, Brady is part owner of the team.
The long and arduous process of making Brady part of an NFL franchise ended when his role with the Raiders was officially recognized by NFL owners at the league’s fall meetings. Brady was approved Tuesday by a unanimous vote. According to several reports.
Brady’s team includes Knighthead Capital co-founder Tom Wagner and Brady’s Hall of Fame former Patriots teammate and former Oakland Raider Richard Seymour. The group has agreed to buy around 10 per cent stake in Riders in May 2023. It was initially halted after the NFL’s finance committee said Brady was being sold for far less than the true value of his stock ownership. The purchase price was revised in February, leading to a sale.
The sale still had to be approved by three-fourths of NFL owners, which happened at the fall meetings.
“We are thrilled to have Tom Wagner, Tom Brady and Richard Seymour as partners in the Las Vegas Raiders” Principal Raiders owner Mark Davis told reporters Tuesday. “It’s an exciting day for the organization. It’s an exciting day for those three men.”
NFL Commissioner Roger Goodell gave his blessing to the deal.
“It’s great that Tom Brady wants to invest in the NFL.” Goodell said At league meetings. “He cares deeply about this sport. He believes in its future, and I think that’s a signal.”
The problem for Brady as a franchise is that his stint as a broadcaster with Fox began this season. He was reportedly not allowed to sit in on production meetings or attend rehearsals in preparation for his broadcast.
Brady is one of the most important figures in NFL history. He won seven Super Bowl rings with the New England Patriots and Tampa Bay Buccaneers and set many records during his 23-year career. Now he is back in the league in an official capacity.
