Tom Brady's ownership of $6,700,000,000 Raiders gets massive boost ahead of NFL owners meeting in Atlanta: Report

Tom Brady is reportedly set to receive a boost in his attempt to join the Las Vegas Raiders' ownership group.

During the next NFL owners meeting, which is set to happen on Tuesday in Atlanta, the league is expected to approve Brady's proposal to buy 10% of the franchise, according to Adam Schefter.

The Fox analyst, who played for over two decades in the league and won seven Super Bowls with the New England Patriots and the Tampa Bay Buccaneers, needs 24 out of 32 votes to be approved as a minority owner. The Raiders are valued at $6.7 billion, the seventh-highest figure in the league, by Forbes.

The transaction has been discussed since May 2023, but the league needed to confirm that it was valid as their financial committee worked over the matter. One of the main topics of discussion was whether the quarterback was getting the 10% at a discount.

If the deal goes through, Brady would join George Halas and Jerry Richardson as the only former players who have also been owners in the NFL.

Tom Brady's other business ventures

Following his retirement after more than two decades, Tom Brady has been involved in numerous investments in recent years.

While doing promotional work for FTX, the now-bankrupt crypto company, he reportedly earned $55 million for 20 hours of promotional work every year for three years.

Of course, there's also his investment in sports teams, with Birmingham City and Las Vegas Aces as part of his portfolio and the Las Vegas Raiders set to join them as well. Birmingham were recently relegated from the Championship.

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