Tom Brady takes 5% control of the Raiders. He can't come of out retirement and play again unless he sells his stake in the team.
Tom Brady has another new role in the NFL : owner.The seven-time Super Bowl champion purchased a minority stake in the Las Vegas Raiders , a deal unanimously approved by NFL team owners on Tuesday at the league's annual fall meeting.In a lengthy statement on X, Brady said he was 'incredibly humbled and excited' to receive approval.
'There were a lot of things from a structural and due diligence standpoint that had to happen, which is why it took so long for it to be approved and we finally got all that put to bed,' Chiefs owner Clark Hunt said.The NFL placed restrictions on Brady before the season to limit his access. He is not permitted to attend production meetings in person or virtually and may not have access to team facilities or players and coaching personnel. Brady may broadcast Raiders games.
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