After well over a year of discussion, Tom Brady is officially a minority owner of the Las Vegas Raiders.

Almost immediately after his “final” retirement in February 2023, the seven-time Super Bowl winner put his hat in the ownership ring.

Mark Davis said he and Brady came to an agreement in May 2023, but there were several delays.

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Mark Davis (l.), owner and managing partner of the Las Vegas Raiders, and owner of the Las Vegas Aces laugh as they watch the first game of the 2023 WNBA Playoffs Finals between the Aces and the Las Vegas Aces on Oct. 8 at Michelob ULTRA Arena Attend New York Liberty. (Ethan Miller/Getty Images/Getty Images)

However, Brady received a majority of the other owners in the league to officially join the team.

However, this ends any chance of a second comeback for Brady as the owners can't play – he had been adamant in the past that he had stopped playing, but now it's official.

Richard Seymour also joined Brady as a minority owner. They join George Halas and Jerry Richardson as the only players to become league owners. His purchase is for 5% of the team.

Tom Brady, former American football quarterback, during the red carpet before the Laureus World Sports Awards 2024 at Palacio De Cibeles on April 22, 2024 in Madrid, Spain. (Jose Breton/Pics Action/NurPhoto via Getty Images / Getty Images)

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His involvement in Las Vegas-area sports franchises was already underway, having purchased an ownership stake in the Las Vegas Aces, the 2022 and 2023 WNBA champions. This acquisition took place in March.

Brady was eager to get into the NFL as he reportedly attempted to purchase a minority stake in the Miami Dolphins in 2021 when he initially retired from the Bucs before reconsidering that decision. The Dolphins were ultimately criticized by the league for failing to communicate with Brady, as he was still under contract with the Bucs at the time of ownership negotiations.

Tom Brady, winner of the Laureus Lifetime Achievement Award of the Year 2024, signs the wall at the Montblanc Signing Wall during the Laureus World Sport Awards Madrid 2024 at Palacio de Cibeles on April 22, 2024 in Madrid, Spain. (Juan Naharro Gimenez/Getty Images for Montblanc / Getty Images)

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Brady retired as the NFL's all-time leader in passing yards, touchdowns and Super Bowl victories. He was inducted into the New England Patriots Hall of Fame over the summer and began his broadcast career with FOX at the start of this NFL season.

Fox News' Scott Thompson contributed to this report.