Tom Brady Raiders Ownership: Complete timeline, NFL legend's percentage share and broadcasting restrictions

Tom Brady can officially call himself an NFL team owner. The league's 32 franchise owners unanimously approved the seven-time Super Bowl champion's bid to become a stakeowner of the Las Vegas Raiders.

The former New England Patriots and Tampa Bay Buccaneers superstar announced the news via a statement on his social media profiles. It read:

"Throughout my NFL career, I've learned that at its core, football is game of teamwork, resilience and a relentless pursuit of excellence. The Raiders' franchise and the city of Las Vegas embody these same values, and I'm honored to be a part of that story... I grew up on the field, and it's a blessing to know I'll be involved in the greatest league in the world for the rest of my life."

Brady had to wait for a while for his dream to come true. However, joining the Raiders' ownership group has slightly complicated matters in his day job as an analyst on Fox. Here's everything you need to know about his latest venture:

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Complete timeline of Tom Brady's bid to become part-owner

Tom Brady is a minority owner of the Las Vegas Raiders. He and his business partner Tom Wagner bought a 10% stake in the franchise. The retired quarterback is now part of the ownership groups of two Las Vegas-based franchises that Mark Davis owns. Here's the complete timeline of how the deals came to fruition:

June 2022

After attending a WNBA game between the Las Vegas Aces and Connecticut Sun on May 31st, 2022, Tom Brady and his representatives reached out to team owner Mark Davis to gauge his interest in selling a minority stake in the franchise to the quarterback.

March 2023

Nine months later, the two parties ironed out the details and the seven-time Super Bowl champion officially joined the Aces' ownership group.

However, unbeknownst to many, Brady and Davis had also been talking about the recently retired quarterback potentially becoming a stakeholder in the Las Vegas Raiders.

May 2023

Almost out of the blue, the Raiders owner told reporters that he had agreed on a deal to sell a minority stake to the former Patriots superstar.

October 2023

Brady's ownership dream hit a roadblock as some owners, most notably Indianapolis Colts' Jim Irsay, questioned the reportedly discounted price the five-time Super Bowl MVP was paying for the stake.

Irsay claimed that the owners did not discuss the matter at their annual meeting, but alluded to the concerns about the bid.

October 2024

After nearly a year of limited to no movement, news broke that Brady and his business partner Tom Wagner had increased the value of their bid to become stakeholders in the Raiders. On October 15, it was unanimously approved by all 32 team owners, ending the 17-month saga.

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What percent of the Raiders does Tom Brady own?

Raiders owner Mark Davis sold a 10% stake to Tom Brady and his business partner Tom Wagner, co-founder of an asset management company based in the US. The stake is reportedly evenly split between the two, so both own 5%.

Davis also sold a 0.5% stake to Hall of Famer and the quarterback's former New England Patriots teammate Richard Seymour.

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How restrictions on Tom Brady as Raiders' owner will affect FOX broadcasting career

Tom Brady's joining the Raiders' ownership group is set to severely hamper him as an analyst on Fox. Here are the six restrictions levied on him:

• Brady is prohibited from attending broadcast production meetings, affecting his ability to get an insight into the players' and coaches' mindsets.
• He cannot visit other team's training facilities
• Moreover, he cannot observe practices.
• The seven-time Super Bowl champion has to hold back and refrain from criticizing game officials and franchises, regardless of what he observes on the field from the booth.
• The three-time NFL MVP will be subjected to the league's gambling policy.
• He is also subject to the anti-tampering policy.

Brady has been working with these restrictions since August but they are now permanent.

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Tom Brady Net Worth 2024

Per Celebrity Net Worth, Tom Brady's net worth was already $300 million before he became a minority owner of the Raiders. After a lucrative 23-year NFL career, Brady also signed a 10-year, $375 million deal to be a Fox analyst in 2022.

And now, he has added to his portfolio with his Raiders ownership stake. According to Forbes Magazine, the Raiders are worth $6.7 billion.

With the value of the franchises expected to rise in the coming years, the seven-time Super Bowl champion's net worth figures to rise with it.