Tom Brady 'lost $30 million in the collapse of cryptocurrency company FTX, while his ex-wife Gisele Bundchen received $18 million in shares'
tom brady allegedly lost $30 million in cryptocurrency company collapse FTX.
Under a deal the retired NFL quarterback made with FTX in 2021, he received $30 million in now-worthless stock for his work featuring the company in TV ads and at his conference. The New York Times reported on Friday.
The NFL legend and seven-time Super Bowl winner served as an 'ambassador'.
Tuned in with him at the time was his then-wife, Gisele Bundchenwho received $18 million in stock, according to the report.
FTX filed for bankruptcy last November. Its former chief executive, Sam Bankman-Fried, faces federal fraud-related charges.
Tom Brady reportedly lost $30 million in the FTX collapse, while his then-wife Gisele Bundchen, 42, received $18 million in shares.
NFL legend and seven-time Super Bowl winner served as 'ambassador'
And Brady also faces legal dangers in addition to financial losses.
Both Brady and Bundchen, who officially divorced last October, are being sued by FTX investors who want reimbursement from celebrity endorsers.
Basketball Hall of Famer Shaquille O'Neal was also sued in the FTX case, as were "Seinfeld's" Larry David, tennis player Naomi Osaka and NBA star Stephen Curry.
"None of these defendants performed any due diligence before marketing these FTX products to the public," according to the lawsuit, obtained by the Times. It was filed in federal court in Florida.
Before FTX's collapse, it was valued at $32 billion, including $48 million of stock held by Brady and Bundchen, according to the Times. Now, it has no value.
Brady, 45, was ranked 50th on Forbes' 2023 list of the world's highest-paid athletes with earnings of $45.2 million in salaries and soccer endorsements.
Meanwhile, the former NFL quarterback got cozy with someone at Fanatics mogul Michael Rubin's white 4th of July party in the Hamptons last weekend, but DailyMail.com has exclusively revealed it wasn't Kim. Kardashian.
DailyMail.com can reveal that Tom Brady, 45, and model Emily Ratajkowski, 32, were glued to each other at Michael Rubin's party in the Hamptons on July 4.
Instead, he spent the night glued to the side of the reality star's friend, model Emily Ratajkowski, 32.
A well-placed source who attended the event told DailyMail.com: "I don't know why there are all these rumors about Brady and Kim Kardashian, they barely interacted."
The source added: "He actually spent the night with Emily Ratajkowski - they were together for most of the night and seemed very comfortable."
"They didn't leave together, but if anyone was getting close, it was them."
DailyMail.com has reached out to Ratajkowski and Brady for comment.
