National Football League (NFL) icon Tom Brady has become a part owner of the Las Vegas Aces, acquiring a minority stake in the reigning Women’s National Basketball Association (WNBA) champions.
- Purchase is subject to WNBA approval
- The Aces were valued at a reported US$2 million when Las Vegas Raiders owner Mark Davis acquired the franchise in 2021 following the relocation to Nevada in 2018
The move marks Brady’s latest sports team investment after the recently retired NFL star purchased a Major League Pickleball (MLP) franchise last year as part of a group that included former tennis world number one Kim Clijsters. The 45-year-old’s other business ventures include his ‘Brady’ apparel line, as well as the Autograph non-fungible token (NFT) company.
Honored to be joining the @LVAces family, a world class organization with a team of incredible athletes pic.twitter.com/JGU4tndZR2— Tom Brady (@TomBrady) March 23, 2023
Following his retirement, Brady is clearly looking to build his investment portfolio and was recently linked with acquiring a minority stake acquisition in the Miami Dolphins.