Tom Brady Lost $30M In Collapse Of FTX

Post #1 » by **RealGM Wiretap** » Fri Jul 7, 2023 6:22 pm

Tom Brady reportedly lost $30 million during the collapse of FTX.

Brady received $30 million in now-worthless stock for his work pitching the company in television ads and at its conference.

Before the collapse of FTX, it was valued at $32 billion, including $48 million in shares held by Brady and Giselle Bundchen

Via ESPN

oaktownwarriors87 · Post #2 » by **oaktownwarriors87** » Fri Jul 7, 2023 10:25 pm

Poor guy

LipSkinMatter · Post #3 » by **LipSkinMatter** » Sat Jul 8, 2023 12:08 am

Disgusting fake news. :roll:

durden_tyler · Post #4 » by **durden_tyler** » Sat Jul 8, 2023 4:14 am

That's what happens when you involve youreself in crypto and you don't know sh** about crypto.

GOATDiscussion · Post #5 » by **GOATDiscussion** » Sat Jul 8, 2023 6:19 am

Nah, he never "lost" 30m, he never invested his actual money and just never cashed out his realized gains.

He just lost some of his time he put into FTX, thats all.

cldbld · Post #6 » by **cldbld** » Sat Jul 8, 2023 11:01 am

Oh no! Anyway....

beavis15205 · Post #7 » by **beavis15205** » Sun Jul 9, 2023 1:21 am

cry me a river. Maybe he can come back and cheat his way to another Super Bowl.

monopoman · Post #8 » by **monopoman** » Sun Jul 9, 2023 4:10 am

I'm sure we will all lose a lot of sleep because of Tom Brady losing $30 million.

Phila Tough · Post #9 » by **Phila Tough** » Sun Jul 9, 2023 7:43 am

beavis15205 wrote:cry me a river. Maybe he can come back and cheat his way to another Super Bowl.

watch your mouth

Rainwater · Post #10 » by **Rainwater** » Sun Jul 9, 2023 3:47 pm

GOATDiscussion wrote:Nah, he never "lost" 30m, he never invested his actual money and just never cashed out his realized gains.

He just lost some of his time he put into FTX, thats all.

Yeah, this was a poorly written article he was paid in stocks for the promotion like many celebrities. So he honestly didn’t lose anything monetarily, he basically worked for free.

HotelVitale · Post #11 » by **HotelVitale** » Sun Jul 9, 2023 4:25 pm

Rainwater wrote:
GOATDiscussion wrote:Nah, he never "lost" 30m, he never invested his actual money and just never cashed out his realized gains.

He just lost some of his time he put into FTX, thats all.

Yeah, this was a poorly written article he was paid in stocks for the promotion like many celebrities. So he honestly didn’t lose anything monetarily, he basically worked for free.

Blame the aggregation, the original article is long and informative and doesn’t have that kind of title.

That said, him ‘working for free’ when he was the face of a major, multifaceted, very high profile campaign in media and in person (plus the business he started that was connected to it) is certainly the equivalent of many millions of dollars. Brady was very deeply involved, wasn’t just on a few 30-second ad spots that took him an afternoon to film.