Tom Brady has officially acquired a 5% minority stake in the Las Vegas Raiders, a deal that was unanimously approved by NFL team owners on October 15, 2024.
This significant move marks Brady’s transition from legendary quarterback to team owner, further intertwining his legacy with the NFL.
Ownership Details and Restrictions
The approval of Brady’s stake comes after a lengthy negotiation process that began in May 2023. Concerns about whether Brady was receiving too favorable a deal and potential conflicts of interest due to his broadcasting role with Fox delayed the finalization of the agreement.
As part of his ownership, the NFL has imposed restrictions on Brady’s involvement with the team. He is prohibited from attending team meetings, accessing facilities, or interacting with players and coaching staff.
However, he is allowed to commentate on Raiders games and must adhere to league bylaws that restrict public criticism of officials and other franchises.
Can Brady Unretire?
While speculation about Brady’s potential return to the field persists, the NFL’s ownership rules make it clear that he cannot play again without selling his stake in the Raiders.
The league has strict regulations that prevent team owners from participating as players. This policy aims to maintain competitive integrity and avoid conflicts of interest within team management and operations.
League Regulations on Player Ownership
The NFL recently adopted a rule banning equity stakes for players and employees within their franchises. This decision underscores the league’s commitment to keeping ownership and player roles distinct, further solidifying the notion that an owner cannot simultaneously serve as a player.
Thus, Brady’s new role as an owner effectively closes the door on any possibility of him unretiring while maintaining his ownership stake.
Tom Brady’s acquisition of a minority stake in the Las Vegas Raiders symbolizes a new chapter in his career, shifting from player to owner.
However, due to NFL regulations prohibiting owners from playing, any hopes of him returning to the field are now firmly off the table unless he relinquishes his ownership interest.