After $32 Billion FTX Fallout, Tom Brady Cleans His Hands With Safest Purchase Possible

Published 03/24/2023, 10:34 AM EDT

Tom Brady is freshly retired, and making moves out of his football career. Ever since the NFL GOAT retired from the game, he has been working toward other aspects of his life. After dedicating 23 years of his life to the NFL, it seems like a smart move for the 45-year-old to water other plants now. Apart from spending quality time with his kids and family, he is also making some business moves.

After being in the mix of a big crypto scandal with FTX last year, Brady has made different but safer business ventures past his retirement. Brady invested in the HERTZ-sponsored JOTA sports car team earlier this year. And now he has ventured into another surprising sport.

Tom Brady making moves in the WMBA

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In an Instagram post, TB12 announced that he is investing in part ownership of the Las Vegas Aces, adding that he has always been a fan of women’s sports. His own niece Maya Brady is a talented baseball player who is shining in her own way at college baseball.

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Brady further went on to talk about how he grew up with three incredible sisters who were his role model in the field of sports. He says he is excited to contribute to the development of the Aces in any way possible to further improve the quality of women’s sports.

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The Las Vegas Aces recently won the 2022 WNBA championships, and with the inclusion of the NFL GOAT, is sure to further bolster the winning mentality that the team carries along with themselves. After a dark time following the FTX scandal, these new ventures are looking like safer and less scandal-prone bets for TB12.

The infamous FTX scandal

Last year, Tom Brady and his ex-wife Gisele Bundchen were part of the biggest blunder in investment history with the FTX scandal. Both Brady and Gisele were the brand ambassadors of the crypto venture, but the value of FTX plummeted drastically, leading to a $32 billion massive fallout overall. Both Brady and Gisele lost a significant amount of money. Brady continues to face scrutiny due to his involvement in the scandal.

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It looks like he has gotten smarter with his money. With the latest investments Brady has been making, he will not only be improving the quality of sports overall but also be providing a platform for other players to rise to make a name as recognizable as his own.

Watch this story: Gisele Bundchen’s emotional revelation preceded Tom Brady divorce announcement

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Written by:

Priyam Hazarika is an NFL writer at EssentiallySports. Priyam's favorite athlete has always been the legendary football star Tom Brady, whom he immensely appreciates for his sense of dedication and passion for the sport. His favorite words of wisdom are from one of the greatest coaches of all time, Vince Lombardi.

Edited by:

Nidhi

After $32 Billion FTX Fallout, Tom Brady Cleans His Hands With Safest Purchase Possible

Tom Brady making moves in the WMBA

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The infamous FTX scandal