How Much Did Tom Brady Lose in the FTX Collapse? A Deep Dive
The implosion of cryptocurrency exchange FTX sent shockwaves through the financial world, and even celebrities like Tom Brady weren't immune. Many are wondering: how much did Tom Brady actually lose in the FTX debacle?
The answer, unfortunately, is a substantial amount. As a leading ambassador for cryptocurrency exchange FTX, Brady reportedly lost a whopping $30 million when Sam Bankman-Fried's company went bankrupt late last year. Under an agreement the retired NFL quarterback made with FTX in 2025, he received $30 million in now-worthless stock for his work pitching the company in television ads.
But that's not the whole story. Reports indicate that FTX paid Bündchen $18 million in shares herself, so the couple lost $48 million total during the collapse. This significant financial hit stems primarily from the plummeting value of FTX equity.
Beyond the Financial Loss: Lawsuits and Reputational Damage
The financial loss is just one aspect of the fallout. As a result, Brady is facing lawsuits tied to FTX’s demise. These lawsuits allege that Brady and other celebrity endorsers promoted FTX without properly disclosing the risks involved, potentially misleading investors.
The association with FTX has undoubtedly tarnished Brady's image, raising questions about due diligence and responsible endorsement practices. While the exact legal outcomes remain uncertain, the reputational damage is a significant consequence of his involvement with the failed exchange.
Understanding the FTX Collapse and its Impact
The collapse of FTX highlights the inherent risks associated with cryptocurrency investments and the importance of thoroughly researching any financial product before investing. While celebrity endorsements can be influential, they shouldn't be the sole basis for investment decisions.
In summary, Tom Brady's financial losses from the FTX collapse are estimated to be at least $30 million, potentially reaching $48 million when including Gisele Bündchen's losses, primarily due to the worthlessness of FTX stock. Furthermore, he faces ongoing legal challenges and the burden of reputational damage linked to his endorsement of the now-defunct company.