Tom Brady's Bid Approved: A New Era for the Las Vegas Raiders
Tom Brady's Ownership Deal Approved
The NFL owners have officially approved Tom Brady's bid to become a limited partner of the Las Vegas Raiders, as reported by NFL Network Insider Ian Rapoport.
Details of the Ownership Stake
- Brady now holds a 5% stake in the Raiders.
- His partner also secured a 10% stake overall.
- Richard Seymour, former teammate and Raiders player, acquired a small stake as well.
The Journey to Ownership
This significant vote concludes a prolonged effort from Brady to enter NFL ownership which began in May 2023. The acquisition faced delays due to evaluations and his role with FOX Sports.
Broadcasting Restrictions in Place
Brady's involvement with the Raiders necessitated specific restrictions from the NFL regarding his broadcasting role. He is currently working on FOX's top NFL broadcasting team but must adhere to strict guidelines concerning access to team activities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.