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Tom Brady’s minority stake in the Las Vegas Raiders approved by NFL owners [Video]

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Financial Literacy

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.

“I’m eager to contribute to the organization in any way I can, honoring the Raiders’ rich tradition while finding every possible opportunity to improve our offering to fans… and most importantly, WIN football games,” Brady posted.

Tom Brady, former NFL quarterback, looks on before the Detroit Lions play the Dallas Cowboys at AT&T Stadium on October 13, 2024 in Arlington, Texas. Getty Images

Brady also thanked Raiders majority owner Mark Davis, NFL Commissioner Roger Goodell and others.

“It’s an exciting day for the Raider organization,” Davis said. “Although Tom can’t play, I think he can help us select a quarterback in the future …

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