Wednesday, June 7, 2023

Tom Brady becomes minority shareholder of Las Vegas Raiders, pending NFL approval

In an innovative move, the best quarterback of all time, Tom Brady, launched an important message about his transition from the gridiron to the offices after it emerged that on Monday he was entering into a deal with Las Vegas Raiders owner Mark Davis. Come on, get a minority share of an NFL franchise.

After weeks of negotiations between the veteran Hall of Famer and the Raiders’ owner, that would be the likely conclusion of a potential deal. According to respected NFL insider, Albert Breer, the agreement confirms a new aspect in Brady’s illustrious career around football.

In order for Tom Brady to officially transition as an NFL shareholder, the approval of at least 24 league owners is required. While the official vote is not scheduled for spring, experts suggest it is expected to take place in the near future, bringing Brady closer to his ownership aspirations.

Reports indicate that after official confirmation of the deal, Brady will not have any decision-making power in team business or football matters. Fox’s Jay Glazer, however, previously explained that the future Hall of Famer will undoubtedly have a substantial impact on the organization, regardless of his org chart-limited involvement.

A new sports entrepreneur in the usa

With this move, Brady continues to diversify his sports franchise empire and move beyond football.

Brady currently owns a Major League Baseball pickleball team and has a stake in the Las Vegas Aces, a WNBA team owned by Mark Davis.

In addition to his role as an NFL owner, Brady is expected to join Fox as an All-Star analyst for the 2024 NFL season. This dual role as team owner and broadcaster underscores Brady’s continued commitment to the game and his multifaceted involvement in its many facets.

As final approval comes to pass, the sports world anxiously awaits the formal announcement that will solidify Tom Brady’s entry into the realm of ownership, potentially reshaping the Las Vegas Raiders landscape.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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