WNBA officially approves Tom Brady's ownership stake in Las Vegas Aces

The WNBA's owners officially approved retired quarterback Tom Brady's bid Monday to purchase a stake in the Las Vegas Aces.

Brady and the Aces announced March 23 he purchased a minority share in the club, but no specific information was provided. League approval appeared to be a formality because WNBA Commissioner Cathy Engelbert issued a statement praising the acquisition.

Las Vegas hopes to repeat its league championship when the Aces open a best-of-five series Sunday against the New York Liberty.

Las Vegas Raiders owner Mark Davis is the Aces' majority owner.

"I am very excited to be part of the Las Vegas Aces organization," Brady said in a statement when the original announcement was made. "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.

"I have always been a huge fan of women's sports, and I admire the work that the Aces' players, staff, and the WNBA continue to do to grow the sport and empower future generations of athletes. To be able to contribute in any way to that mission as a member of the Aces organization is an incredible honour."

Honored to be joining the <a href="https://twitter.com/LVAces?ref_src=twsrc%5Etfw">@LVAces</a> family, a world class organization with a team of incredible athletes <a href="https://t.co/JGU4tndZR2">pic.twitter.com/JGU4tndZR2</a>