Tom Brady apparently lost millions after cryptocurrency company FTX collapsed last fall.
The longtime NFL quarterback served as an ambassador for FTX and frequently appeared in commercials for the company. As part of his deal with the now-defunct company, The New York Times reported on Friday, he was paid $30 million — most of which came in the form of FTX stock. Brady’s ex-wife, supermodel Gisele Bündchen, received $18 million in FTX stock, too.
But since FTX is now bankrupt and its founder, Sam Bankman-Fried, is facing criminal charges, that stock is now completely worthless.