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ATLANTA -- Tom Brady's purchase of a minority stake in the Las Vegas Raiders was approved by NFL team owners Tuesday.
The seven-time Super Bowl champion, who played 23 seasons with the New England Patriots and Tampa Bay Buccaneers, takes approximately 5% control of the Raiders. Brady needed to receive 24 of 32 votes at the league's annual fall meetings in Atlanta.
Former Raiders and Patriots defensive lineman Richard Seymour's purchase of a minority stake in the Raiders also was approved by owners Tuesday.