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Tom Bradys return to NFL: Gonna hit the salary cap

Tom Brady said he did look into the possibility of returning to the NFL, but any real path back appears to have ended once the league considered the complications tied to his ownership stake in the Las Vegas Raiders.

According to Brady’s CNBC interview, as reported by The Associated Press, he acknowledged that he had asked about a comeback before deciding the idea was not going to move forward. Brady said, “I actually have inquired, and they (the NFL) don’t like that idea very much, so I’m going to leave it at that,” adding, “We explored a lot of different things, and I’m very happily retired. Let me say that, too.”

Why the league pushed back

The main obstacle was not Brady’s age or fitness, but the unusual reality of a player trying to return while also holding part of an NFL franchise.

According to reporting that followed the CNBC interview from ArtVoice, league officials viewed a player owner arrangement as a problem under existing rules, and a spokesperson said there would also be salary cap issues if an active player owned part of a team. That made the idea difficult both from a competitive standpoint and from a league governance standpoint, which helps explain why Brady’s inquiry never developed into anything more serious.

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Why retirement still suits Brady

Brady also made clear that he is not speaking like someone eager to reverse course. According to The Associated Press report on the interview, he remains comfortable with retirement and framed the comeback inquiry as something that was explored rather than pursued.

The recent Fanatics Flag Football Classic in Los Angeles may have revived some nostalgia around seeing him throw again, but the reporting around his comments points in the opposite direction: Brady said the experience reinforced that he is still content staying away from full contact football. He last played during the 2022 season, after briefly stepping away and then returning, before retiring for good in February 2023.

How Brady’s Raiders role now defines the conversation

Brady’s position with the Raiders is now a much more important part of this story than any speculation about a late career return. NFL.com reported that NFL owners approved his bid to become a limited partner in the franchise on October 15, 2024, and that Brady personally holds a 5 percent stake.

In comments carried in follow up coverage of the CNBC interview, Brady described himself as a minority owner without a formal day to day job description, saying he is available when needed but does not have a regular operational role. That makes the bigger picture fairly clear: Brady can still attract attention every time he throws a football, but his place in the league now is in ownership and broadcasting, not under center.

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Sources: CNBC interview with Alex Sherman, The Associated Press, NFL.com, ABC10.

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