Tom Brady has said goodbye to the football field. And he is getting ready for a retired life after conquering the NFL world in his 23-year career. But a dark past has followed the QB into retirement too. A mess worth billions of dollars is staring at his face and will come after him again.

The FTX saga hasn’t died down yet. And Brady has his work cut out to disentangle himself from the fallout after the company’s bankruptcy.

Tom Brady braces to face the FTX fallout

Tom Brady is bracing himself to face the FTX fallout after the QB announced his retirement from the NFL on Sunday. And not only that, he may want to get out of the crypto market altogether amid an industrywide slump after the initial boom.

The seven-time Super Bowl champion was the face of FTX and brought the message of the company to the fans. But founder and CEO Sam Bankman-Fried declared bankruptcy after his $32 billion company crashed late in the last year.

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Brady, along with his ex-wife, Gisele Bündchen, pumped millions into the cryptocurrency exchange. And just after the collapse in November, many investors sued the various stars associated with the company, including Brady himself. In December, a longtime New England Patriots fan sued the franchise legend, saying that Brady’s marketing for the company led him to invest all his savings in it, according to the New York Post.

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The seven-time Super Bowl champion also owns ‘Autograph’, a startup dealing in NFTs. And even that is struggling to stay afloat due to the crypto winter, which has resulted in a huge slump in the sector. But not everything in Brady’s retired life is gloomy. He has some huge prospects ahead.

The post-retirement endeavors 

Tom Brady already has a job as soon as he retires from the football field. He will now head to the commentary booth for Fox Sports to cover the game he loved the most. The NFL legend signed a 10-year deal worth $375 million with Fox last year. The deal is valid from the day Brady ended his career. So, since Wednesday, he has been a Fox employee.

He earned millions of dollars during his 23 years in the NFL and millions more in endorsement deals. So, all in all, Brady is set for a comfortable retirement barring a few FTX and crypto bumps.

Brady posted a 53-second video announcing his retirement on Wednesday, leaving the NFL world emotional. The fans will miss his presence on the field but look forward to his stint off it.

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