Tom Brady is back in the National Football League (NFL) – as a minority owner.

NFL team owners will reportedly approve a deal on Tuesday that would allow Brady to be part owner of the Las Vegas Raiders. for CNBC.

Brady spent 23 seasons in the NFL, including two decades with the New England Patriots. of Washington Post reported that he initially tried to bid for the Raiders in October 2023, but the deal has been tied up in the NFL's finance committee. The owners were is reported to be disturbed that the former QB was getting a huge price cut.

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However, CNBC's sources said the owners are expected to do so approve the deal today at the league meeting in Atlanta, with Brady purchasing a 10% stake in the Raiders with his business partner, Tom Wagnerfounder of Knighthead Capital. The deal needs the approval of 24 of the team's 32 owners to complete.

The Raiders are the NFL's fifth most valuable franchise, by value 7.8 billion dollars. In 2023, the team earned $780 million in revenue, the third highest in the league, according to CNBC.

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Brady joined Fox Sports in 2022 and signed a 10-year, $375 million deal. In August, The NFL announced certain broadcast restrictions that would go into effect if the deal goes through, including limited access to team facilities, meetings, players and coaches. He would also be banned from criticizing any other team.

The Raiders are owned by Mark Davis, who also owns the WNBA's Las Vegas Aces. Brady is currently a minority owner of the Aces.