Less than four months after Tom Brady‘s second retirement, the legendary quarterback is close to becoming part of a new team — as a part-owner. The rumored Raiders connection will produce an agreement.
Brady agreed to buy a stake in the AFC West franchise, according to SI.com’s Albert Breer (Twitter link). The 23-year veteran passer already went into a partnership with Raiders owner Mark Davis, buying a stake in the WNBA’s Las Vegas Aces franchise last year. This does prompt a few questions, but Brady does look set to join the ownership ranks soon.
This agreement will be subject to NFL approval, and Breer adds this piece of business will not be on the owners’ agenda at this week’s league meetings. It would seem likely Brady, 45, agreeing to purchase a presumably small stake in the Raiders will be approved, though it does raise questions about potential objectivity regarding his FOX agreement. Brady signed a 10-year, $375MM deal to become FOX’s No. 1 analyst last year, but the former Patriots and Buccaneers QB said — following retirement No. 2 — he will table that career path to 2024.
Brady’s involvement in the ownership ranks comes just more than a year after this potential foray created considerable trouble for the Dolphins. The rumored Brady path to Miami as a part-owner and presumptive quarterback, in a package deal with Sean Payton, ended up costing the Dolphins their 2023 first-round pick and 2024 third-rounder. Owner Stephen Ross incurred a suspension for his involvement in a multiyear tampering scheme involving Brady.
Monday’s agreement certainly opens the door to the possibility — however remote it might be — of Brady coming out of retirement and playing for the Raiders. This scenario could conceivably affect a potential vote on Brady’s status as a part-owner. Any rumors on this front would lead to Raiders salary cap questions — something a Brady ownership role with the team obviously would not — but Brady obviously has a longstanding relationship with Josh McDaniels and overlapped with GM Dave Ziegler during part of his New England tenure.
While this is not yet a scenario worth discussing in much detail, the Raiders signed ex-Brady backup Jimmy Garoppolo, who has become one of the league’s most injury-prone QBs since leaving the Patriots, and backstopped him with another former Brady QB2 — Brian Hoyer. Las Vegas’ backup will turn 38 this season. Fourth-rounder Aidan O’Connell is positioned as a developmental arm. Should Brady come out of retirement again, Vegas would certainly seem the venue. Unlike last year, when the Bucs held Brady’s rights, the 15-time Pro Bowler is a free agent after playing out his Tampa Bay deal.
The Raiders did pursue Brady as a player during his 2020 free agency but backed out before the finalist stage. Brady famously broached this topic during an appearance on HBO’s The Shop. They also were loosely linked to him this year, with a January report indicating they were doing homework on Garoppolo and Brady. The latter’s retirement took a big-ticket option off the table for the Raiders and other teams in free agency, and Garoppolo signed a three-year, $72.75MM deal in March.
Greg Olsen will spend at least one more season as FOX’s top analyst, and it will be interesting to see how Brady’s ownership agreement — if approved by the NFL — affects matters on that front. For now, the owners will consider Brady’s Raiders stake. But it appears the seven-time Super Bowl winner is close to returning to the league in a different capacity.
I know the Raiders are very dysfunctional but why on Earth would they want the guy who screwed them with the TUCK RULE as a part owner…lol.
Mark Davis, Z and Hoodie Jr are on a mission to ruin that franchise. Mark spotted a way to speed the process along, so he swung a sharp turn and stopped in Bradyville. Mark probably needed the cash, too.
Mark is the one & only ‘poor’ billionaire on earth.
NFL Owner “poor” is much different than our version of “poor”… Just like the fact that Jerry Jones is oil “poor” when you look at those ownership shares…..
Just saying.
I see your point. But Davis had both Vegas and the NFL fund his stadium and still says he has limited funds. If he can’t financially support a team, then he should sell it. His daddy’s legacy is long gone now.
If Davis has limited funds, it’s not because he’s spending lavishly on haircuts.
ACTUALLY..;..
Brady was in Las Vegas meeting with Raiders owner Mark Davis.
It was a Dinner Meeting and Tom Ordered a STEAK !!
One thing we can confirm: Mark wasn’t paying them. Lol. If he was, they’d have been eating at McDonald’s with a $20 budget.
This just in: Raiders now rumored to be dating “hot blond actress” in order to make Gisele jealous.
Nice to see that rules and standards haven’t started to apply to him just because he’s retired now.
This is clearly a move by Mark Davis to prop up his weak ownership status.
Fitting that Brady would continue to own the silver and black even in retirement
IMO Davis has no cash. Many of these legacy owners that inherited teams need “creative” ways to get cash. Their franchises are worth billions, but they only see the $ if they sell. The Bengals resisted naming rights for years. Now that they’ve got to sign Burrow and Chase, voila, they sell naming rights. Lions with Ford money are an exception. Their problem is they don’t have anybody worth signing long term.
League requires cash to be held in escrow for guaranteed parts of contracts.
JakeLarue….
I believe that you are closer to the truth than you think. I believe that Mark has inherited running the organization, not owning the organization. The organization was transferred to his mother Carol Davis who has let the son Mark handle the daily operations.
When Carol Davis does pass, who is 92(?), Mark will need to pay an inheritance tax. Tom Brady buying a 1% of the team could pay the tax and be excellent for publicity.
Brady beats Manning to the league owners club…
Publicly at least …..
He could invest that entire $375M Fox contract, if the Raiders declare a valuation comparable to what Washington will sell for, he’d own ~6.25%. Expect his actual share to be much less.
A lot of people are talking negatively about this but need to realize that a lot of former players buy into random teams that they seemingly had nothing to do with during their careers. They buy where they can, not everyone ends up being as lucky as Magic Johnson and get to buy into the city where their legacy was built.
I think it’s more a case of people questioning the team’s motives than negativity towards former players. In many cases the teams are just using these players as a PR gimmick. That was certainly the situation when the Browns said they were considering bringing Condoleeza Rice into their organization.
Who cares?
Coming for Jimmy G’s job.
When Jimmy G invariably gets hurt again this season look for #12 to line up behind center and fill the seats with fans.