Legendary quarterback Tom Brady retired several months ago, and while he is set to become a commentator for the “NFL on FOX” next season, he has looked to get involved in other ventures.
Earlier this year, he became a minority owner of the WNBA’s Las Vegas Aces, a team that has just won back-to-back championships, and over the summer, he also became the minority owner of an English soccer team.
There are now reports that Brady wants to purchase a stake in the Las Vegas Raiders, but Indianapolis Colts owner Jim Irsay says there’s a problem, as that stake could be worth much more than what Brady wants to pay for it, per Dov Kleiman.
Update: The NFL has an issue with Tom Brady trying to buy 10% of the #Raiders for $175 million, per #Colts owner Jim Irsay, who says 10% could be worth $525 million.https://t.co/T4qZMOIdGs
"If reasonable value says … that 10 percent should be $525 million, you can’t pay $175… https://t.co/7qjQBSWCPm pic.twitter.com/sEWO6DeltQ
— Dov Kleiman (@NFL_DovKleiman) October 19, 2023
The Raiders have possessed plenty of talent over the last couple of seasons ever since trading for star wide receiver Davante Adams, but their performance on the field hasn’t reflected that.
They went 6-11 last season due to many blown leads and close losses, and although they’re 3-3 so far in 2023, their three victories have come against the Denver Broncos, Green Bay Packers, and New England Patriots.
New starting quarterback Jimmy Garoppolo is playing beneath his usual standards, and Las Vegas has been rumored to be a seller on the trade market ahead of the October 31 trade deadline.
It seems like everything Brady touches turns to gold, but if he ultimately buys the Raiders, it may take more than his supposed Midas Touch to turn them into winners and get them their first Super Bowl championship since the 1983 season.
NEXT: Davante Adams Has Strong Reaction To His Lack Of Targets