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MLB Star Shohei Ohtani Spent a Fraction of His $10 Million Fortune to Join an Exciting Venture Endorsed by NFL Legends Tom Brady and Aaron Rodgers in 2021

Published 11/09/2022, 1:29 PM EST

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Shohei Ohtani took the baseball world by storm when he stepped into MLB. His once-in-a-lifetime sporting talent astounded the lovers of the sport. Exhibiting extraordinary skills, Ohtani has excelled both as a batter and a pitcher. Thus, nicknamed ‘Shotime’, Ohtani became a reasonable choice to represent a crypto company. 

The two-way phenom has remained a baseball superstar since his playing tenure with the Hokkaido Nippon Ham-Fighters in Japan. He gained international fame after entering MLB with the LA Angels. Thus, he soon catapulted to superstardom and received promotional offers from multinational companies. Ohtani has endorsed leading luxury brands like Hugo Boss, Panini, Seiko, Mitsubishi Bank, etc. 

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The $10 million worth baseball star became a global ambassador of the cryptocurrency brand FTX in 2021. He even went a step further to buy stakes in the company. Many people might wonder, but he was not alone to do so. The NFL legends like Tom Brady and Aaron Rodgers are already a part of the cryptocurrency brand, FTX.

When Shohei Ohtani diversified his field of involvement 

Shohei Ohtani’s sponsorship deal with FTX made him the ambassador of both the company’s main exchange and its US branch. Ohtani’s tie-up with FTX was an advertising stunt to popularise the brand. Meanwhile, Tom Brady bought an equity stake in FTX Trading Ltd. and became an exchange ambassador. Meanwhile, Aaron Rodgers accepted a part of his salary in crypto and gave away $1 million in collaboration with Square App in 2021. 

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Speaking about the Ohtani deal and the whole scheme, CEO of FTX, Sam Bankman-Fried, said, “He’s obviously one of the most electric players in all of sports right now. We are hoping to have a similarly revolutionary impact on what fintech means and what personal finance apps look like. A big piece of this is we are trying to get a lot done in a quick period of time. We are really excited about the progress our business has made, but we are also very late to the game.” 

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Bankman-Fried added, saying, “We have a lot of catch-up to do in terms of our branding. We are really excited to give our partners a stake because it means we are aligned. As much as we are rooting for them on the field, hopefully they are rooting for us to do well in our arena. It would be a step towards building what we see as a holy grail of a unified financial experience for the consumer.” 

The stellar playing career of Ohtani 

Ohtani made his MLB debut with the Angels in 2018. He has a 28-14 win-loss record and a career total of 127 home runs to date. Ohtani is a two-time MLB All-Star player, and the first-ever to qualify both as a pitcher and batter. 

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Watch This Story – Pitchers’Nightmare Shohei Ohtani And Mike Trout Partnership Puts On A Home Run Blasting Show 

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Written by:

Madhurjya Bhuyan

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Madhurjya Bhuyan is an MLB author at EssentiallySports. He has a Bachelor's and Master's Degree in English Literature from Gauhati University and IGNOU, respectively, and also possesses prior professional experience as a content developer. Being a performance artist since childhood, Madhurjya has always aimed to contribute towards creativity in any possible manner, and writing only boosts that desire.
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Edited by:

Abhishek Kumar