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Tom Brady has officially joined the NFL ownership ranks, securing a minority stake in the Las Vegas Raiders.
The league approved Brady as a limited partner during its fall meetings on Tuesday.
Together with his partner, they acquired a total of 10 percent ownership.
Following the approval, Brady delivered his inaugural remarks as the Raiders’ new part-owner, marking the end of a lengthy vetting process by NFL owners.
In a heartfelt statement, he expressed profound humility and excitement about his unanimous approval.
Brady drew parallels between his NFL journey and the values he sees embodied in the Raiders and Las Vegas, emphasizing teamwork, resilience, and the pursuit of excellence.
“Commitment to Excellence,” Brady wrote.
Commitment to Excellence @Raiders pic.twitter.com/GS0WwHkAtz
— Tom Brady (@TomBrady) October 15, 2024
Brady extended gratitude to Mark Davis for welcoming him into the Raiders family and acknowledged Davis’s efforts to strengthen the organization.
He also thanked Commissioner Roger Goodell and NFL owners for their support in realizing this dream.
Brady recognized his partner Tom Wagner and his team—Don Yee, Jim Gray, Alex Spiro, and Larry Delson—for their crucial roles in achieving this career milestone.
“I’m eager to contribute to the organization in any way I can, honoring the Raiders’ rich tradition while finding every possible opportunity to improve our offering to fans… and most importantly, WIN football games,” Brady concluded.
This acquisition adds to Brady’s growing business portfolio, which includes stakes in the WNBA’s Las Vegas Aces, EFL Championship’s Birmingham City, Major League Pickleball’s Las Vegas Night Owls, and the E1 Series in Electric boat racing.
As Brady transitions from player to owner, his involvement promises to bring a new dimension to the Raiders’ future.
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Tom Brady Releases Statement As New Part Owner Of Raiders