It’s safe to say that NFL legend Tom Brady doesn’t lose all that often on the field, but the seven-time Super Bowl champion suffered a massive financial loss this year thanks to a bad investment in a popular NFT.
According to Business Insider, the Tampa Bay Buccaneers quarterback purchased an NFT from the Bored Ape Yacht Club collection back in April. Back then, the NFT was valued at 133 ether, which was worth around $430,000 at the time. Unfortunately for Brady, that 133 ether is now worth $235,436.
Worse than that, the best offer for his NFT is currently just 77 ether, which is now worth $136,034.31. So if Brady were to sell his NFT today, he would lose nearly $300,000 on his initial investment.
The good news for Brady is that he can likely afford the loss. The future Hall of Famer has an estimated net worth of $250 million and is set to make $15 million this season. There’s a chance he actually makes more money in retirement, too as he recently signed a broadcast deal worth $375 million.
Despite the massive losses, Brady is gearing up for yet another NFL season. And even at 45 years old, his arm is reportedly looking better than it ever has before.