Like any recently retired citizen, Tom Brady is looking for investment opportunities.
The future Pro Football Hall of Famer has found a match: he has added a super team to his business portfolio.
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Brady acquired a minority stake in the WNBA's Las Vegas Aces, the franchise announced Thursday. He joins majority stakeholder Mark Davis as the organization's most high-profile investor as he makes his initial foray into sports management.
Why did Tom Brady buy an ownership stake in the Aces?
"I have always been a huge fan of women's sports, and I admire the work that the Aces' players, staff, and the WNBA continue to do to grow the sport and empower future generations of athletes," Brady said in a statement. "To be able to contribute in any way to that mission as a member of the Aces organization is an incredible honor.”
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Brady's connection with the franchise seems to have begun less than a year ago, when he was spotted attending an Aces victory over the Connecticut Sun. Since then, he has been in contact with Davis.
It's quite the time to buy stock in Las Vegas. The Aces are fresh off of a WNBA title and have only gotten stronger in the offseason. Vegas added two-time MVP Candace Parker to a squad that already had Chelsea Gray, Kelsey Plum, Jackie Young and reigning league MVP A'ja Wilson.
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Plum and Brady have history. Brady is Plum's favorite athlete, with the hoops star going as far as barking at Brady at the Aces game he attended last year.
"This woman just barked at Tom Brady.”
— Bleacher Report (@BleacherReport) June 1, 2022
Kelsey Plum got to meet her favorite athlete of all time last night. And she left him with something he'd never forget 😂
(via @desireexcamacho)pic.twitter.com/bay7spw71I
Suffice to say, Plum left her mark. A few weeks later, Plum received a signed jersey from her idol, a gift she seemed to greatly enjoy.
Kelsey Plum got a gift from @TomBrady and her reaction is amazing. ♥️
— NFL (@NFL) July 24, 2022
(via @Kelseyplum10) pic.twitter.com/MpliTQDeJt
Tom Brady net worth
Per Celebrity Net Worth, Brady is valued at $250 million. It could have been more, if not for his failed investment in cryptocurrency.
Nevertheless, Brady has a wide array of business holdings, including TB12, his personal lifestyle brand.
That net worth should only grow in the coming few years: Brady is set to start a 10-year, $375 million broadcasting contract with Fox Sports in 2024.
