Later Than Sooner, Tom Brady Finally Comes To Las Vegas Raiders; Brady In Talks With Raiders Owner Davis To Buy Ownership Stake In Raiders

May 12, 2023May 12, 2023 Alan Snel LeBron James, Mark Davis, Tom Brady

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By Alan Snel, LVSportsBiz.com Publisher-Writer

Tom Brady never played for the Las Vegas Raiders. UFC Prez Dana White tried his best to get Brady to play quarterback for the Raiders at Allegiant Stadium.

But at least Brady is on the brink of owning a piece of the Raiders.

The former Patriots and Buccaneers quarterback, according to numerous news reports, is talking with Raiders owner Mark Davis about buying a minority share of the NFL team. The Raiders are valued at more than $5 billion thanks to their publicly-subsidized stadium in Las Vegas.

Davis has already sold Brady a a minority share of the WNBA Las Vegas Aces.

It’s become common for former sports stars to buy into teams’ ownership groups.

Will LeBron James one day own an NBA team in Las Vegas? He’s talked about it.

Alan Snel

Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.

July 5, 2021

LVSPORTSBIZ.COM, launched June 2017: We are a digital magazine providing market-leading news, intelligence, enterprise and breaking info on Las Vegas’ sports/stadium industry. Our stories are quoted nationally and we set the sportsbiz news agenda in Las Vegas. Publisher Alan Snel has reported on the business of sports and stadiums in Denver, South Florida, Seattle and Tampa besides Las Vegas and is considered a national authority on the topic.

ADVERTISEMENT: Please shop at Jay’s Market at 190 East Flamingo at the Koval Lane intersection east of the Strip. Jay’s Market is the official presenting sponsor of LVSportBiz.com’s stories.

Hirings and Firings:

Las Vegas Aces President Nikki Fargas said the Aces are not renewing the contract of General Manager Natalie Williams. The Aces hired Williams as the team’s general manager in April 2022.

Vegas Golden Knights said the NHL club has signed defenseman Shea Theodore to a seven-year contract extension worth an average annual value of $7,425,000.

Our coverage of the Athletics stadium project in Las Vegas.

Mark Rosentraub on A’s stadium site on Strip.

Big League Sports With Small Town Politics

Man of Many Hats

Athletics’ long, strange journey for new ballpark

Athletics consultant Jeremy Aguero is eye of Las Vegas’ sports hurricane

How Deal Was Made For A’s Ballpark On Strip

Bally’s Corp, Gaming & Leisure Properties team up with A’s for ballpark on Strip

Bally’s Corp Chairman Wants Hotel Open When A’s Stadium Is Ready In 2028

To contact LVSportsBiz.com Publisher Alan Snel or buy his book, Bicycle Man: Life of Journeys, email him at asnel@LVSportsBiz.com

LVSportsBiz number for 2024: $1,178,161,041. That’s the amount of debt Las Vegas (actually, Clark County) owes for its public share of building the Raiders’ Allegiant Stadium.