Las Vegas Aces' valuation reaches $140 million as Tom Brady's WNBA investment gains 6,900%

Basketball:  The WNBA franchise Las Vegas Aces, which Mark Davis acquired in 2021 for a pitiful $2 million, are presently worth at $140 million.

author-image
Varun Sarwate
New Update
TOm Brady.jpg

Tom Brady's (Source ESPN)

Listen to this article
0.75x 1x 1.5x
00:00 / 00:00

Following a famous NFL career, Tom Brady is currently seeing success in his business ventures. The WNBA franchise Las Vegas Aces, which Mark Davis acquired in 2021 for a pitiful $2 million, are presently worth at $140 million. He became a minority owner of the team last year.

The Aces are primed for a three-peat, having won the previous two WNBA titles. Brady owns somewhat less than 51% of the team as a minority owner, but he has still made good money because of an unknown investment he made in March 2023.

Owner of the Las Vegas Raiders Mark Davis invested heavily on the team's practice facilities after purchasing the Aces franchise in 2021, and he is already seeing returns. Not only do they have the greatest facilities in the WNBA, but they are also in contention to win every year, which will improve the franchise's worth.

A'ja Wilson and Kelsey Plum are two of the WNBA's most prominent talents. Becky Hammon coaches them, and the team's great players will continue to bring success to Las Vegas.

Sportico claims that the Aces earned around $18 million in revenue in the previous season. It continues by demonstrating that the initial franchise investment made by the owning group is consistently producing a sizable return.

Tom Brady other investments

After leaving the NFL, Tom Brady has made other investments in the sports industry outside Las Vegas Aces. In addition, he owns a portion of Birmingham FC, an English soccer team that competes in the third level.

Tom Brady and Mark Davis, the owner of the Las Vegas Raiders, agreed in May 2023 for Davis to become a member of the team's ownership group. Brady does not, however, now own an official ownership stake in the Raiders since the other NFL owner has not cast a vote.

According to Forbes, the Raiders' market worth was $6.2 billion based on last year's figures. The number is expected to climb in the future years, as the NFL performs well financially. Becoming a member of the Raiders' ownership group expands Tom Brady's business portfolio. Tom Brady is thought to be worth $300 million. He inked a 10-year, $375 million contract with Fox Sports after leaving the NFL, and this season he will be seen in the broadcast studio.

 

WNBA Las Vegas Aces