Las Vegas Raiders owner Mark Davis told ESPN on Monday he has “come to an agreement” with future Hall of Fame quarterback Tom Brady to join the organization’s ownership group, pending NFL approval. Sports Illustrated also confirmed Brady’s minority stake. Here’s what you need to know:
- Davis has been looking for a limited partner and was in talks with Magic Johnson a year ago. Johnson wound up being a part of the Commanders’ new ownership group.
- Brady has previously bought ownership stakes in the Las Vegas Aces of the WNBA and a pickleball expansion team in the MLP. Davis is also the primary owner of the Aces.
- Brady, 45, retired in February following a historic 23-year career, winning seven Super Bowls.
The Athletic’s instant analysis:
What does this mean for Brady’s broadcasting future?
Sports television entities punted long ago on the notion that their broadcasters can’t have some kind of ownership stake in teams. The question usually comes down to optics: Are you comfortable having your broadcaster call games or discuss said team? Usually, the answer is yes.
In the case of Brady, as ESPN originally reported, Fox has blessed the arrangement based on sourcing. That tracks historically with all networks. If you are a tennis fan, for instance, you have long…
