Days before the celebration of Tom Brady’s birthday, the football legend received some unfortunate news. Known for his exceptional on-field performance and his successful ventures in business, the 7x Super Bowl champion has always been a man with many irons in the fire.
However, his latest attempt at buying a stake in a certain venture has encountered an unexpected roadblock. The league’s new no-equity rule threw a wild curveball into the mix, leaving fans wondering: Will this be a touchdown or a fumble?
Tom Brady’s ownership aspirations down the gutter?
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The NFL icon with a legacy spanning 23 seasons, had set his sights on a $300 million move to become a minority owner in the Las Vegas Raiders. However, his Raiders’ ownership aspirations have hit a major roadblock. The new NFL no-equity rule has complicated the deal.
After retiring, Brady initiated discussions to become a minority owner in the Raiders. He had successfully reached an agreement with Mark Davis, the owner of the team. For him to join the team’s ownership group officially, the partnership must be approved by at least 24 out of the 31 other NFL team owners through a voting process. This step is necessary to ensure the legitimacy of the sale. However, this ownership status would restrict him from returning to play for any other NFL team in the future unless the ban on owners playing in the league is lifted.
The recent tightening of rules around owners becoming employees within their teams complicates matters for the star player. Under the new no-equity rule, team employees who are not immediate family members are not allowed to be distributed equity in the team. Thus, this complicates Brady’s plans to be involved with the Raiders in a non-playing capacity as proposed by Mark Davis.
Despite a small hiccup with his ownership bid, Tom Brady has a lot to look forward to.
While team ownership may be off the table for now, Brady’s investment in the WNBA’s Las Vegas Aces demonstrates his desire to continue contributing to the sports world beyond his playing days. With his post-retirement adventures, the 7x Super Bowl champion is keeping everyone on their toes.Tom Brady’s Post–Retirement Adventures
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Since his retirement, Tom Brady has been a man on a mission. The 45-year-old NFL legend has been diversifying his ventures post-retirement. He recently signed a 10-year, $375 million contract with FOX Sports as their lead NFL analyst. Beyond NFL, he has become an investor in a WNBA team, and he is also joining the UIM E1 World Championship as a team owner for the world’s first all-electric race boat competition.
But that’s not all that keeps him in the headlines. Brady’s love life continues to captivate the world as rumors of a romance with Hollywood’s finest, such as Kim Kardashian and Emily Ratajkowski, swirled around him. However, fate had a different plan as he reportedly found love with Russian model Irina Shayk. Recently, the GOAT was reportedly seen picking up Shayk from the lavish Hotel Bel Air and taking her to his Los Angeles bachelor pad, a property he acquired after retiring. While the couple’s romance continues to bloom, Gisele, the former wife of Brady, has chosen to remain tight-lipped about her feelings on the matter.
Despite his various pursuits, family remains a top priority for Brady, and his desire to spend more time with his children influenced his decision to retire. As he continues to evolve beyond his sports career, fans eagerly await what new chapters lie ahead for the one and only Tom Brady.
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