Tom Brady 'Honored' to Join Raiders Ownership; NFL Legend 'Eager' to Contribute

Tom Brady is embarking on another new venture after being approved as a limited partner for the Las Vegas Raiders on Tuesday.

The future Hall of Famer wrote on X afterward that he is "honored" to be part of the Raiders organization and is "eager" to contribute to the franchise "in any way I can" going forward.

The NFL owners unanimously approved Brady as a limited partner for the Raiders with a five percent stake in the franchise.

Brady had been in talks with Raiders owner Mark Davis for more than one year about purchasing a stake in the franchise.

ESPN's Seth Wickersham and Adam Schefter first reported those discussions in May 2023. Brady, by that point, had already agreed to purchase a stake in the WNBA's Las Vegas Aces, who are also owned by Davis.

Brady's stake in the Raiders is complicated by his other job as an analyst for Fox Sports' NFL coverage. Wickersham noted the seven-time Super Bowl champion has several restrictions that impact what he would do on a weekly basis to prepare for the games he will broadcast.

Brady has been able to make things work, with reviews for his performance getting stronger as he continues to get acclimated to television.

As for what Brady can do for the Raiders, there will presumably be some hope from Davis' camp that he can help attract star players to the franchise. They lost one of their biggest stars on Tuesday by trading Davante Adams to the New York Jets.

The addition of Brady to the ownership group gives the Raiders a chance to do a soft reset. They are only 2-4 right now and aren't going to give up on this season, but they need to build up the roster in order to have any hope of becoming a playoff contender in the AFC sooner than later.