Tom Brady reportedly experienced a significant investment loss.
For instance, according to Business Insider, the venerable quarterback allegedly lost a significant amount of money on a recent cryptocurrency investment.
Brady paid 133 ether, which at the time was equal to $430,000, for a Bored Ape NFT back in April.
But in the four months afterwards, “its value has plunged – 133 ether is now worth $235,436 and the greatest offer his NFT, #3667, has is 77 ether, or $136,034.31, suggesting its worth has decreased by 68%,” according to Insider.
Brady has suffered a setback that corresponds with a wider decline in the cryptocurrency market, where he is one of several sportsmen who have recently entered.
The seven-time Super Bowl winner has good news in that he isn’t exactly short on resources like money or property. Brady will earn $15 million with the Buccaneers this season, and FOX Sports has a sizable contract waiting for him when he truly departs from the NFL.
In addition, Brady has a collaboration with Autograph, an NFT platform that focuses on digital collectibles, as well as his TB12 business.
He will be okay.