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NY Post
New York Post
13 May 2023


NextImg:Tom Brady’s Fox broadcasting contract won’t affect  Raiders investment

Tom Brady is in the clear with Fox and his broadcasting contract over his desire to invest in the Las Vegas Raiders, according to an ESPN report on Friday.

The seven-time Super Bowl champion and future Hall of Famer is said to be having “deep discussions” with the Raiders in becoming a “limited partner,” according to the web site.

But any potential Raiders deal will reportedly not impact Brady’s 10-year $375 million broadcasting retirement plan with Fox, and Brady has been given a blessing by the company to invest in the football team.

In addition, the NFL’s policy on team ownership doesn’t show any roadblocks either.

According to the ruling, it’s not a conflict of interest for a member of the media to be a part-owner, except when they hold a position of power in a media company which could have effects on broadcast rights negotiations.

For Brady, this isn’t an issue.

As for the Raiders, talks, a potential deal has loomed for weeks over conversations with owner Mark Davis that have been described as “extremely sensitive and fluid negotiation.”

Tom Brady
Getty Images

If Brady does decide to make an investment, it would be considered “passive” as he wouldn’t hold any power or control over the team’s operations.

In addition, if an agreement is made between the two parties, at least 24 NFL owners would have to approve of it.

In February, the former quarterback announced his second retirement from the NFL — this time “for good” — and has recently added a new twist to his post-professional plans.

Tom Brady and Las Vegas Raiders owner Mark Davis watch players warm up during halftime of a game against the Connecticut Sun.

Tom Brady and Las Vegas Raiders owner Mark Davis watch players warm up during halftime of a game against the Connecticut Sun.
Getty Images

He purchased a minority stake in the WNBA’s Las Vegas Aces two months ago, which is also owned by Davis.

Brady’s initial retirement came on the heels of the 2021 season and lasted just 40 days before he returned to the field for the Buccaneers.

This past season marked his final chapter after Tampa Bay was eliminated from the NFC wild-card round of the playoffs by the Cowboys, concluding on an 8-9 season.

Brady is set to begin his broadcasting career with Fox in 2024.