Sports
Tom Brady Invests in WNBA’s Las Vegas Aces as a Minority Owner
It came as a surprise to many when NFL superstar Tom Brady announced that he was investing in the WNBA team, Las Vegas Aces. While the team has been performing exceptionally well in recent years, the addition of such a high-profile investor as Brady is bound to shake things up.
“I am very excited to be part of the Las Vegas Aces organization,” Brady said in a statement Thursday. “My love for women’s sports began at a young age when I would tag along to all my older sisters’ games — they were by far the best athletes in our house! We celebrated their accomplishments together as a family, and they remain a great inspiration to me.
“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. To be able to contribute in any way to that mission as a member of the Aces organization is an incredible honor.”
“Tom Brady is a win not only for the Aces, and the WNBA, but for women’s professional sports as a whole,” Mark Davis, owner of the Aces as well as the NFL’s Las Vegas Raiders, said in a statement.
WNBA commissioner Cathy Engelbert issued a statement that read: “We are pleased to see the incredible momentum around the WNBA continue as evidenced by our recent league and team equity deals. We look forward to welcoming Tom Brady as an owner once the league process and approvals are complete. We have seen Tom Brady courtside at our games and are thrilled he recognizes the value of supporting women’s basketball and the WNBA.”
Of course, the real question on everyone’s mind is how Brady’s investment will impact the Aces and their future. For starters, Brady will become a minority owner of the team, meaning he’ll have a say in how the team is run and will earn a share of the profits. But perhaps more importantly, his involvement will bring a level of publicity and attention to the team that it might not have otherwise received. The Aces have been playing exceptional basketball for the past few years.
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