NFL icon Tom Brady continues to add to his already impressive legacy. When he first entered the NFL with the Patriots in 2000, few could have predicted the magnitude of his success, eventually earning him the title of the GOAT. From his humble rookie contract of $866,500 to accumulating a staggering $525 million over 23 seasons, Brady’s on-and-off-field activities have been nothing short of remarkable.
Even after retirement, Brady remains busy with various ventures. He secured a broadcasting deal with Fox worth $37.5 million per year and recently was in talks to acquire a minority stake in the NFL team Las Vegas Raiders. Now, he has also taken up a minority stake in a football club, becoming the club’s highest-paid superstar, according to sources.
Brady becomes a multi-faceted business mogul!
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In yet another impressive move, Brady has added to his growing portfolio by acquiring a minority stake in Birmingham City. The announcement was made on his Instagram, where he expressed his excitement to be part of the Blues family and said, “This is a city and club on the rise and I can’t wait to experience the St. Andrew’s atmosphere for myself. #KeepRightOn @bcfc.” Partnering with the club’s holding company, Knighthead Capital Management LLC, Brady will also serve as the chairman of a new advisory board.
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As part of this collaboration, the seven-time Super Bowl champion will lend his extensive leadership experience and expertise to various aspects of the club. TB12 will work closely with the sports science department, offering advice on health, nutrition, wellness, and recovery systems and programs. With this deal, Brady’s annual salary possess an impressive $25,000,000, while the Birmingham’s team captain, Harlee Dean, has $570,838 annual salary, which is five times lower than that of Brady’s in his Buccaneers career.
This salary will also add to Brady’s ownership stake in the Las Vegas Raiders, if he joins, making him one of the most financially influential figures in the sports world.
The retired QB has to undergo a no-equity rule under the Raiders franchise deal!
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Mark Davis announced Tom Brady as a minority partner of the Raiders in May. However, the new NFL no-equity rule complicates the deal. Approval from at least 24 other team owners is required for Brady to join the ownership group officially.
This would also prevent him from playing for any other NFL team in the future unless the ban on owners playing is lifted. The tightening of rules around owners becoming employees within their teams further complicates Brady’s involvement with the Raiders in a non-playing capacity as proposed by Davis.
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Despite potential hurdles posed by the new NFL regulations, Tom Brady’s Birmingham City’s minority ownership stake highlights his success as a businessman, surpassing many sports personalities in the industry.
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