Products are selected by our editors, we may earn commission from links on this page.

Tom Brady, the NFL’s seven-time Super Bowl champion, confirmed this week that he looked into suiting up again, only to run into a league-level roadblock. He told CNBC Sport the league was not receptive when he brought it up. Despite the inquiry, the 48-year-old was clear: he is not planning a return and describes himself as “very happily retired.”
Brady Asked the NFL Directly and Got a Clear Answer

The comments came during a CNBC Sports interview. “I actually have inquired, and they don’t like that idea very much,” Brady said. “We explored a lot of different things, and I’m very happily retired. Let me just say that, too.” The interview took place during a promotional campaign for Ferrero, in which Brady is featured in a World Cup ad.
His Ownership Stake Complicates Any Return to the Field

The NFL’s resistance has a structural explanation. Brady and a partner acquired a 10% ownership stake in the Las Vegas Raiders on Oct. 15, 2024. A 2023 league policy prohibits players or team employees from holding equity in a club. An NFL spokesperson confirmed that if Brady pursued a return, he would first need to divest his stake and noted there would also be salary cap complications tied to a player-owner arrangement.
An Advisory Role With the Raiders Keeps Him Connected

Since joining as a minority owner, Brady has taken on what he calls a “strategic advisory role” with the Raiders front office, contributing to personnel and coaching decisions. “I’m a minority owner. So, when you’re that, there’s really no job description. I don’t have really a daily role,” Brady said. His phone, he said, is always available to anyone in the organization who needs it.
Brady’s Goal in Las Vegas Goes Beyond a Title Role

In his role with the Raiders, he framed his work as mission-driven rather than positional. “I want to see everyone succeed, be their best, bring a winning kind of a culture to Las Vegas, to bring the Raiders back to glory,” he said. “I’d love to be a part of it.” Brady’s words point to a long-term commitment to the franchise’s direction from the front office.
A Broadcasting Deal Has Kept Him Close to the Game

Retirement has not meant distance from football for Brady. He signed a 10-year, $375 million contract with Fox Sports and has spent the past two seasons as the network’s lead analyst. The broadcast role has kept him embedded in the sport at a high level, offering weekly exposure to the game’s strategies, matchups, and personalities alongside his work with the Raiders.
Days Before the Interview, He Took the Field for Flag Football

The weekend before his CNBC interview, Brady participated in the Fanatics Flag Football Classic and threw a touchdown pass to wide receiver Stefon Diggs, more than 1,000 days after his last NFL game. Far from reigniting a comeback urge, Brady said the experience did the opposite. “If anything, that game reconfirmed to me that I’m very happy in my retirement,” he said, adding that he “loved not getting hit.”
Brady Has Not Completely Closed the Door on Competing Again

One door, however, remains slightly open. Before the flag football event, he said he would “never say never” to competing in the 2028 Summer Games in Los Angeles, where flag football will debut as an Olympic sport. He called the possibility of becoming a U.S. Olympian “unlikely,” but the fact that he raised it at all reflects a competitive instinct that has not entirely faded, even three years removed from the NFL.
Brady’s Comeback Talk Has Been a Recurring Theme Since 2022

Un-retirement rumors have followed Brady since his final season, and the speculation has followed him through his broadcast career and into his ownership role. His first retirement in February 2022 was short-lived, and he returned to the Tampa Bay Buccaneers for the 2022 season. That history has kept the speculation alive, even as Brady has repeatedly said he is happy in retirement.
Retired and Busy, With No Shortage of Ways to Stay in the Game

For now, the subject is closed without much room for interpretation: he asked, the league said no, and he has moved on. Between his Fox Sports role, his Raiders ownership stake, and an outside shot at the 2028 Olympics, Brady’s post-playing life is already well occupied. “It’s never going to get old throwing passes to incredible athletes on the football field,” he said, but for now, that is exactly where the career stays.
