NFL insider underlines why Tom Brady’s discounted $175,000,000 Raiders ownership could ‘rub owners the wrong way’
Tom Brady hasn't slowed since retiring from the NFL after 23 seasons in February. The seven-time Super Bowl winner is still involved in the league as one of his investments is with the Raiders. Brady bought an ownership stake in May for $175 million.
However, the price tag is a major issue according to NFL insider Albert Breer. Breer said that Brady's ownership could cause issues among other NFL owners:
"Money is the driving force for most of the owners. More specifically, their only interest is in making sure every share of every team goes for as much as possible to boost their own teams’ valuations. And not only would a discount for Brady be counterproductive, it also wouldn’t bring much value to anyone but the Raiders.
"Also, Brady is still going to be involved in the league in other ways. He'll be in the broadcast booth next season with Fox. This would rub owners the wrong way, as broadcasters naturally see more than the average consumer, so they can do their job on a stronger level."
Breer concluded:
"This could hurt the Raiders' opponents if Brady, a potential minority owner, feeds the team intel on things he's learned as a broadcaster."
FOX carries NFC games throughout the season, meaning there's a small chance Brady could get any intel to help the Raiders. The timetable to approve his ownership hasn't been set and may not be signed off on for some time.
Tom Brady's other investments in the spotlight
The former New England Patriots great has investments in other sports leagues. Tom Brady became a minority owner in the English soccer club Birmingham F.C. in August.
He also bought a minority ownership share in March in the WNBA team the Las Vegas Aces. The team won its second straight WNBA title this month.
Brady stepped outside the conventional sports world and joined an ownership group for a Major League Pickleball expansion team last October.
Of course, he co-founded the Brady Brand, TB12, and the fan engagement brand Autograph. The 46-year-old has one of the most impressive portfolios of any former athlete.
How much money is Tom Brady worth in 2023?
The NFL's all-time leader in almost every quarterback-related category made close to $333 million in the league. Per Celebrity Net Worth, Brady's net worth is at $300 million.
That's not including the 10-year, $375 million deal he signed with FOX Sports last May while with the Tampa Bay Buccaneers. It does include endorsement deals with companies such as Aston Martin, Christopher Cloos, Hertz and Subway.