Tom Brady Becomes Raiders Part Owner: How Much He Owns & What He Can't Do Now Revealed

justjared.com:

Tom Brady is officially a part owner in the NFL team Las Vegas Raiders! The 47-year-old former quarterback’s bid to own a portion of the team has been approved and we are learning more details about what it entails. “I’m incredibly humbled and excited to have been unanimously approved as an owner of the Las Vegas Raiders,” Tom shared in a statement. “Throughout my NFL career, I’ve learned that at its core, football is a game of teamwork, resilience, and a relentless pursiot of excellence.

The Raiders franchise, and the city of Las Vegas embody these same values, and I’m honored to become a part of that story.” Tom also has a broadcasting deal with Fox, so what does this mean for his involvement in both? Keep reading to find out more… According to USA Today, Tom is only has a 5% stake in the team, and he “can no longer be in another team’s facility, witness practice nor attend broadcast production meetings, among other restrictions.” Since he has been broadcasting and in his bid for a stake in the Raiders, NFL Commissioner Roger Goodell says he has been abiding by the conflict issues that were raised. “Tom‘s been abiding by the issues that we raised through the committee voluntarily since he began broadcasting,” Roger said, via ESPN. “So that’s all been resolved.” As part of his restrictions, Tom is not permitted to be in another team’s facility, he can’t witness team practices, can’t attend broadcast production meetings, cannot publicly criticize game officials or other teams, and he will be subject to the NFL’s gambling policy, as well as their anti-tampering policy. Tom is currently under a 10 year broadcasting deal with Fox, which he signed in 2022.