Seven-time Super Bowl champion quarterback Tom Brady was approved as a member of the Las Vegas Raiders ownership group on Tuesday by NFL team owners.
Brady, who played 23 NFL seasons before retiring in 2022, will hold a 5% stake in the Raiders, who are off to a 2-4 start this season.
The approval at an owners meeting in Atlanta ends an 18-month saga since the first reports of Brady seeking a share of the partnership group that owns the club.
Delays in the deal reportedly included figuring out an exact percentage for Brady and issues around his current role as an NFL television analyst for Fox Sports.
Two months ago, the NFL put some restrictions on Brady’s broadcast access because of his possible involvement with the Raiders.
Brady is banned from attending in-person or online broadcast production meetings and is not allowed access to players, coaches or team facilities.
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