Legendary quarterback Tom Brady has made headlines after a group he’s leading purchased a 10 percent stake in the Las Vegas Raiders.
The sale was approved on Tuesday by NFL owners, who unanimously voted to allow him and his group to take over that stake of the Raiders.
The group includes Knighthead Capital co-founder Tom Wagner and Hall of Fame lineman Richard Seymour, a former teammate of Brady on the New England Patriots who later played for the Raiders.
Raiders controlling owner Mark Davis said it is an “exciting day” for the franchise, and he joked that it’s like he had traded star wide receiver Davante Adams for Brady, per Albert Breer.
Adams was traded by the Raiders on Tuesday to the New York Jets after he had asked to be traded recently, and it now appears they have entered some sort of rebuilding process.
Ironically, Brady’s legendary career, not to mention the Patriots’ dynasty, was essentially launched by the “Tuck Rule” game in the divisional round of the 2001 playoffs, which took place against the Raiders, who were then based in Oakland, Calif.
This isn’t his first foray into team ownership — last year, he bought a minority stake in the Las Vegas Aces, who went on to win the WNBA championship just months later after that sale went through.
Brady, of course, is now also known as a color commentator for Fox Sports’ coverage of NFL games, and Fox is reportedly paying him a whopping $375 million over 10 yards to serve in that role.
