Tom Brady Lost $30M in FTX Collapse

Tom Brady Lost $30M in FTX Collapse
Tom Brady attends Los Angeles Premiere Screening Of Paramount Pictures' "80 For Brady" at Regency Village Theatre in Los Angeles on January 31, 2023. Jon Kopaloff/Getty Images
Field Level Media
Updated:

Tom Brady lost millions in the collapse of cryptocurrency company FTX, for which he served as an “ambassador,' The New York Times reported Friday.

Under an agreement the retired NFL quarterback made with FTX in 2021, he received $30 million in now-worthless stock for his work pitching the company in television ads and at its conference. In step with him at the time was his then-wife, Gisele Bundchen, who received $18 million in stock, per the report.