With Tom Brady retired for the second and final time, his post-playing future is set on multiple fronts. The future Hall of Famer is set to begin a broadcasting career next fall, but by that time he will likely have begun an ownership tenure with the Raiders.
The deal for Brady to purchase a minority stake in the franchise has yet to be formally approved by the NFL, but that ratification is expected to take place. Presuming it does, the 45-year-old will be able to transition to the front office for the first time, beginning a new partnership with owner Mark Davis. The pair already work together with the WNBA’s Las Vegas Aces, though this Raiders arrangement will not involve heavy-handedness on Brady’s part.
“[When] the opportunity came about to become a minority owner in the Raiders, it was a dream come true for me,” Brady said, via Brooke Lefferts of the Associated Press. “I’ll be playing a very passive role. This is something that I’m interested in doing for the rest of my life. This is not something that I’m into it for a year or two years. You know, I’ve got a lot of responsibility with my FOX job, which I take very seriously.”
Brady appeared set to take over the No. 1 analyst job at FOX in 2023, after he agreed to a 10-year, $375MM deal. Instead, he will wait one year before beginning life behind the microphone. That will turn attention back towards his Raiders position, one which will not involve any return to the playing field. As Brady alluded to, his front office endeavor is one he is hoping will play out over the long term, and that he will be able to reflect on in an encouraging way.
“If I’m looking over the course of my life, to have the opportunity to be involved in the NFL is a dream come true,” he added. “And if I could help the NFL and continue to contribute in a positive way, then you know, that’s been a very enjoyable part of my life.”
Scrutiny from the league – especially in light of the Dolphins tampering scandal Brady was connected to last offseason – could threaten or at least delay the confirmation of the seven-time champion’s position in Vegas. If he stays true to his word upon completion of the vetting process, though, Brady figures to have a small but notable voice at the franchise’s table for many years to come.
Presumably, Brady’s ownership role will involve pulling Mark Davis’s foot from his mouth every time he says something embarrassing in front of the media.
I wonder who the successor is to Mark Davis since he had no kids to my knowledge. Who becomes the majority owner when he passes? There’s a weird world where Tom Brady could be savvy enough to accumulate enough wealth over time to be the majority owner down the road.
How does an owner, even a minority owner with likely <<5% stake get to have a job as announcer/analyst in the league in which he would have such an ownership stake?
I assume you’re concerned about a conflict of interest but there is already a sports precedent in that regard. Mike Battaglia sets the morning line odds at Churchill Downs yet they have him as an analyst/broadcaster during the Kentucky Derby races.
Does he also own horses or employ trainers, jockeys, etc.?
It seems more like a disadvantage than an advantage for the Raiders. Seeing all those times he yelled at his line for mistakes he might not be able to resist during the broadcast
Strictly an attempt to change the image of the Raiders. Tom Terrific will profit obviously, but the team will benefit from him shaking hands and kissing babies.
I hope those babies are aware that Tom spent a lot of time kissing Gronk.
Did anyone else see the first 4 words of the headline and think “oh man, here we go”?
WHO CARES
Mark Davis is probably one of the poorer owners in the NFL. He inherited his wealth from daddy. He probably needed an influx of cash since hes 68 and sold off a percentage of the team to TB12 LLC. For TB this is a great long term investment for his kids as the price of sports franchises only goes up. Davis gets some cash to blow before he kicks the bucket. Win/win.
Brady was brought on board to prop up Mark Davis as an owner – as having Brady on the ownership team provides an appearance of stability to the other owners. The last thing Davis wants to be is the next owner in the league’s crosshairs.
Mark Davis has a “Moe Howard” haircut so it appears he is quite comfortable with “crosshairs”.