NFL icon Tom Brady's 10-year, $375 million broadcasting deal with Fox Sports will not be affected by his impending ownership stake with the Las Vegas Raiders.
NFL legend Tom Brady is in deep discussions to become a limited partner of the Las Vegas Raiders, sources tell ESPN’s @SethWickersham and me, potentially his second foray into a partnership with Raiders’ owner Mark Davis on a professional sports franchise in less than two months. pic.twitter.com/pVnxqwTrGT
— Adam Schefter (@AdamSchefter) May 12, 2023
Read more: Tom Brady could become an NFL owner soon
Tom Brady Can Be a FOX Sports Analyst and NFL Owner at the Same Time
The seven-time Super Bowl champion is currently in "deep discussions" to be a limited partner for the Raiders.
This will be the second time the five-time Super Bowl MVP will invest in a team alongside Raiders controlling owner Mark Davis. Brady also purchased a minority stake in Davis' WNBA franchise Las Vegas Aces last March.
Brady officially announced his foray into broadcasting last February, beginning in the 2024 NFL season. His deal is reportedly the most lucrative contract in sports television history, netting him an average compensation of $37.5 million a year.
Tom Brady announces he will start his broadcast career with Fox in fall of 2024
— Bleacher Report (@BleacherReport) February 6, 2023
(via @TheHerd) pic.twitter.com/YThRLSPDIp
Sports legal expert Michael McCann stated in a tweet that both Brady's minor ownership with the Raiders and broadcasting career is possible to do simultaneously, as long as the former quarterback will not have any position of authority at a media company that could impact broadcast rights negotiations from that position.
Tom Brady can be a Raiders owner/Fox broadcaster but there'd be a potential conflict with league roles if he were an owner and (instead of being a broadcaster) he held a position of authority at a media company and could impact broadcast rights negotiations from that position. https://t.co/SUvPkYLZeT
— Michael McCann (@McCannSportsLaw) May 12, 2023
Fox Sports' current top football analyst and former tight end Greg Olsen is reported to take a major salary hit due to the arrival of Brady in the broadcasting booth.
The NFL legend played in the league for 23 years, spending his first 20 seasons with the New England Patriots and winning six Super Bowl titles. In 2020, he joined the Tampa Bay Buccaneers and won his final Super Bowl in his first season with the team.
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