TOM Brady may be forced to cut ties with BetMGM if he’s to seal his proposed ownership stake in the Las Vegas Raiders.

The former NFL star has been waiting for his agreed-upon deal to invest in the Raiders to be approved by the league’s owners since May 2023.

Tom Brady will seemingly be forced to cut ties with BetMGM due to league rules as he attempts to purchase a minority stake in the Las Vegas RaidersCredit: BetMGM

Brady recently appeared in a commercial for BetMGMCredit: BetMGM

Brady’s $175 million investment hit the rocks after owners reportedly took issue with the cut-price deal agreed to by team owner Mark Davis.

Reports also suggested that some teams were uncomfortable with Brady’s impending move to Fox Sports, where he is set to become the network’s lead analyst starting this fall.

However, a recent report claimed that Brady’s deal looks to be nearing completion, as per NFL Network.

This comes after his deal “Was recently altered to reflect the proper valuation of the team.”

But before joining the ranks of NFL ownership, Brady will seemingly have to cut ties with BetMGM.

“NFL personnel are prohibited from engaging in, using or permitting the use of one’s name or images in connection with activities or materials that depict, advertise, market or promote any form of gambling, including sports betting,” the league told Pro Football Talk.

While Brady may not be permitted to appear in any future commercials, this does not mean he cannot invest in the sportsbook.

League rules currently dictate that owners can invest in up to five percent of sportsbooks or their parent companies.

This report comes just a matter of weeks after Brady appeared in BetMGM’s first-ever Super Bowl commercial.

Brady appeared alongside Hollywood star Vince Vaughn and NHL icon Wayne Gretzky.

I won three Super Bowls with Tom Brady – it felt like destiny but overcoming my health scares made me a real champion

But Brady’s impending investment in the Raiders won’t be his first collaboration with Davis.

In March 2023, he became a part owner in Davis’ WNBA team, the Las Vegas Aces.

“I am very excited to be part of the Las Vegas Aces organization,” Brady said in a statement.

“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.”

The Aces went on to win their second consecutive title the following season.

Raiders owner Mark Davis and Brady are already co-owners of the WNBA’s Las Vegas AcesCredit: Getty