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Seven Years After Deflategate ‘Scandal’, Tom Brady Is Now Tied With a Debacle That Made Him Lose a Mammoth $30,000,0000

Published 07/19/2023, 4:48 AM EDT

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Few would expect Tom Brady to be embroiled in scandals and controversies. But over the years, the controversies that have engulfed Brady will leave hardly any fans keeping their initial thought. From his involvement in deflate-gate to retiring twice within 12 months which ultimately played a part in his divorce.

The former Bucs man has inspired contrast, eventually, wherever he has been. Meanwhile, he’d be at odds with both coaches during his time in the NFL, further fueling the controversy narrative. But the latest developments will spin the narrative to a whole new level after Brady was alleged of illicit activities.

Tom Brady accused of fraud

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The latest news paints the legendary QB in the light of one who put his fans and followers at risk. Following the endorsement received by Brady and many others, fans invested in Cryptocurrency FTX. Alongside the superstar endorsers, they would have hoped for a quick return on the rising value of Crypto. But the order to file for bankruptcy has left many with unforeseen losses, including those paid in equity options.

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The former Patriots man was one of the ambassadors and endorsers of FTX. During his affiliation with the crypto company, he’d accept payments in stock options for his efforts. With the value of FTX plummeting, it is believed that Brady will lose almost 30 million from his stake in the Cryptocurrency. Ever since the company invited turmoil following its bankruptcy declaration, the stars, and endorsers have been feeling the heat. This has resulted in a class action lawsuit being filed against Tom Brady and other superstars.

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While the lawsuit is yet to develop into a legal back-and-forth, the initial signs do not look promising. This might be the biggest scandal Brady finds himself at the center of, 7 years after what was his first. The Deflategate scandal left a mark on the NFL and possibly changed the perception of the greatest QB in the game.

Deflategate debacle – A Look-back

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Back in 2014, NFL suspected a breach of regulations in the Patriots camp. What will be a 2-year witch hunt, spawned from a minor rule violation? The Patriots allegedly reduced the pressure inside the balls to grant Brady a better grip during the game. NFL found Brady and the Patriots guilty of using softer balls in games. Following this Brady was handed a 4 game suspension for his alleged involvement and knowledge.

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The scandal would do more to hurt Brady’s image in light of the accusations flying around. The future Hall of Famer will forever find his name inked to the scandal, as fans continue to speculate the ifs and buts of the situation.

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The legendary QB has etched his name in NFL history books. But the scandals surrounding him will continue to cast a grim shadow over a fabulous career.

Watch This Story – Tom Brady and Steph Curry join hands in welcoming $150,000,000 former Catalunia star to Miami

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Written by:

Kushal Jain

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Kushal Jain is an NFL writer at EssentiallySports. Having started off writing as a hobby when he was 19, it has snowballed into becoming his full time profession. He is a passionate football fan, or as per the US etymology, soccer fan.
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Edited by:

Abigail Kevichusa