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What will be Tom Brady's next major business venture post-Raiders ownership approval?
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Tom Brady•Las Vegas Raiders•NFL•Atlanta•New England Patriots•Tom Wagner•Brady•Las Vegas Aces•Raiders
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New sports team investment • 25%
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Official announcements from Tom Brady or credible business news outlets
Story
Tom Brady Unanimously Approved as Raiders Minority Owner, Acquires 5% Stake
Oct 15, 2024, 05:24 PM
Tom Brady has been unanimously approved as a minority owner of the Las Vegas Raiders by NFL owners at the league's fall meeting in Atlanta on Tuesday, October 15, 2024. The vote passed with a 32-0 margin, with the New England Patriots making the first motion to support the vote. The former NFL quarterback is acquiring a 5% stake in the team, with his business partner Tom Wagner purchasing an additional 5%, for a total of approximately 10%. Brady, who also owns a stake in the Las Vegas Aces, is expected to have a prominent voice in the Raiders' football operations. With the approval, Brady's playing career is officially over, as NFL rules prohibit owners from being active players.
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