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Tom Brady is officially a part-owner of the Raiders after NFL owners approved it
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Tom Brady is officially a part-owner of the Raiders after NFL owners approved it

Fox Sports commentator and former NFL quarterback Tom Brady is officially a part-owner of the Las Vegas Raiders. (Photo by Kevin Sabitus/Getty Images)

Fox Sports commentator and former NFL quarterback Tom Brady is officially a part-owner of the Las Vegas Raiders. (Photo by Kevin Sabitus/Getty Images)

Tom Brady has been in the minds of Las Vegas Raiders fans for more than two decades, ever since the “Tuck Rule” game.

Now Brady is part owner of the team.

The long and arduous process of making Brady a part of the NFL ownership ended when his involvement with the Raiders was officially approved by the NFL owners at the league’s fall meetings. According to multiple reports, Brady was unanimously approved Tuesday.

Brady’s group, which includes Knighthead Capital co-founder Tom Wagner, agreed to buy a roughly 10 percent stake in the Raiders in May 2023. This was initially held up because the NFL’s finance committee said that Brady sold his share at a price that was much lower than the franchise’s actual valuation. The purchase price was adjusted in February, clearing the way for the sale.

The sale still had to be approved by three-quarters of NFL owners, which happened at the fall meetings.

The complication for Brady as owner is his work at Fox as a broadcaster, which began this season. He is reportedly not allowed to attend production meetings or participate in exercises in preparation for his shows.

Brady is one of the key figures in NFL history. He won a record seven Super Bowl rings with the New England Patriots and Tampa Bay Buccaneers and set numerous passing records over the course of his 23-year career. Now he is back in the league in an official capacity.

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