Tom Brady's Raiders investment pays off as team valuation hits $13 billion
Tom Brady, the seven time Super Bowl champion's investment in the Las Vegas Raiders works out well.
Tom Brady's investment in the Las Vegas Raiders has proven highly lucrative. The seven-time Super Bowl champion, who retired from the league, saw his stake in the team soar to a valuation of $13 billion. Brady's co-CEO, Egon Durban, and Discovery Land Company founder, Michael Meldman, expanded their ownership to 22% and 12.9% respectively, while the team's largest minority shareholder, First Football, sold their 25% stake, which was purchased in 2007 for $700 million.
This sale brought the team's valuation to $9.9 billion. Mark Davis, the team's owner, welcomed the expanded management team, expressing excitement about the franchise's future. The Las Vegas Raiders have consistently broken records in valuation over the past few years, with Brady's initial investment of around $220 million, made in October 2024, growing significantly.
Despite not being directly involved in the team's operations, Brady remains a source of guidance for the players.
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