From CNBC: 2024-10-15 16:22:23

Las Vegas Raiders owner Mark Davis was joined by former NFL quarterback Tom Brady on the field before a preseason game. NFL owners approved Brady as a minority owner of the Raiders, purchasing a 10% stake. The Raiders are valued at $7.8 billion and have seen increased revenue since relocating to Las Vegas. Brady’s ownership bid faced delays due to discounted offers, but is now approved. Brady will have restrictions on how he covers the team, including attending production meetings and access to players and coaches. Brady, a former NFL player, is also a minority owner of the Women’s National Basketball Association’s Las Vegas Aces.



Read more at CNBC: Tom Brady to be part owner of NFL’s Las Vegas Raiders