Tom Brady officially owns a portion of the Raiders after the NFL owners approved it

Tom Brady has been in the minds of Las Vegas Raiders fans for more than two decades since the “Tuck Rule” game.

Now, Brady is a part owner of the team.

The long and arduous process of making Brady part of NFL ownership ended when his stake in the Raiders was officially approved by NFL owners at the league's fall meetings. Brady was approved by a unanimous vote on Tuesday, according to multiple reports.

Brady's group includes Knighthead Capital co-founder Tom Wagner and Brady's Hall of Fame former Patriots teammate and former Oakland Raider Richard Seymour. The team agreed to buy about 10 percent of the Raiders in May 2023 It was initially put on hold because the NFL's finance committee said Brady was being sold his stake at a price that was far below the franchise's true valuation. The purchase price was adjusted in February, clearing the way for a sale.

The sale still needs to be approved by three-quarters of NFL owners, which took place at the fall meeting.

“We are excited to have Tom Wagner, Tom Brady and Richard Seymour partner with the Las Vegas Raiders,” Chief Raiders owner Mark Davis told reporters on Tuesday. “It's an exciting day for the organization. It's an exciting day for these three gentlemen.”

NFL Commissioner Roger Goodell gave the deal his blessing.

“It's great that Tom Brady wants to invest in the NFL,” Goodell said at the league meeting. “He cares deeply about this game. He believes in its future and I think that's just a sign of that.”

Complicating Brady's ownership is his work with Fox as a broadcaster, which began this season. He is reportedly not allowed to sit in on production meetings or attend rehearsals to prepare for his broadcast.

Brady is one of the most iconic figures in NFL history. He won a record seven Super Bowl rings with the New England Patriots and Tampa Bay Buccaneers and set numerous passing records during his 23-year career. Now he is officially back in the league.