Tom Brady buys shares in the Las Vegas Raiders

Tom Brady is now not only a TV expert in the NFL, but also the team owner of the Las Vegas Raiders. The most successful professional in NFL history received approval from the other owners on Tuesday to buy a five percent stake in the Raiders. Owner Mark Davis and Brady had basically agreed on the deal months ago. Brady’s role as a TV expert for Fox, among other things, led to a long period of reflection.

In preparation for the seven-time Super Bowl champion’s entry, Brady has been banned since the start of the season and his work as a TV expert from attending production meetings or having access to the facilities of other teams or their coaches and players. He is allowed to comment on Raiders games, but he is not allowed to criticize referees. This rule applies to all team owners in the league.

Tom Brady will have to sell shares if he wants to play again

Should the 47-year-old Brady come out of retirement and make a comeback in the NFL a second time, he would have to sell his shares. Brady is already co-owner of the WNBA’s Las Vegas Aces. Raiders owner Mark Davis also holds most of the shares in the women’s basketball team that won the title in the last two years. Brady also invested in the English third division soccer team Birmingham City.

The Raiders have been waiting for a Super Bowl win since 1983. The Raiders also haven’t won a playoff game since their January 2003 Super Bowl loss to the Tampa Bay Buccaneers. The team, which has lost four of six games this season, parted ways with star receiver Davante Adams on Tuesday, who will play for the New York Jets after a trade.