Posted on 11/14/2022 1:00:57 PM PST by Red Badger
Share Tweet Gab Share TelegramTelegram GettrGettr PShare Share Email Tom Brady Set to Lose a Fortune After 1 of His Investments Goes Into Freefall-Mode By Warner Todd Huston, The Western Journal Published November 14, 2022 at 12:22pm 320 Comments Share Tweet Gab Share Telegram Telegram Gettr Gettr P Share Share NFL great Tom Brady has been having a rough year. From a struggling football season to a divorce and now to a major financial setback, 2022 is not Brady’s year.
The Super Bowl GOAT started his rocky year by claiming he was retiring, only to reverse course and go right back to the gridiron, much to his wife’s dismay.
Then, Brady’s Tampa Bay Buccaneers lost five out of ten games — so far — this NFL season. That sure doesn’t seem to measure up to last year’s 13 wins and only four losses.
This is one of Brady’s worst football seasons in his professional career. In fact, three of those losses were consecutive. Not only a low spot, but it is also only the second time he’s ever lost three games in a row and the first time in 20 years.
[SNIP]
As the hits just keep coming at the NFL great, now it looks like he is about to lose his shirt as a result of a crypto currency company’s bankruptcy announcement.
Brady took an equity stake in the crypto company FTX last year, but this month the company announced a loss of up to 70 percent, meaning that Brady could lose millions in the speculation.
The seven-time Super Bowl winner not only took an equity stake in FTX, he was also a brand ambassador, selling the scheme to others and appearing in ads.
Bündchen was also all-in on FTX. Not only did she invest, she also had a role in the company. For her part, she was the company’s adviser to guide its environmental and social initiatives.
But now, the company headed by Sam Bankman-Fried looks to have lost an estimated $14.6 billion, which is 94 percent of its net worth, according to The Mirror.
Despite the high hopes, the two are now set to lose millions in the deal. While the terms of their equity deal were not made public, a small hint of their position might be seen in the fact that FTX began work on raising a round with a valuation of $32 billion right after the Brady/Bündchen deal was announced, according to CoinDesk. So, whatever they are losing, it is a pretty penny.
Tom Brady is definitely not having a good year.
LOLOL!
For doing a couple of commercials? sounds like a chance Id be willing to take.
“Before my divorce, I will get my NFL husband to invest heavily in a bankrupt ponzi scheme. That will show him.”
Bttt.
5.56mm
Stop, I have no business watching that crazy move again.
Oh well, he abandoned Trump so screw him.
Meta, Twitter, Amazon, Google, etc.... need real revenues making real profits, in performance levels that can pay 5% for capital.
5% to 8% money is a great thing that will expose the fraudsters everywhere.
I have seen the investors spreadsheet and Brady and Gisele got their stake via endorsements and making a few ads, they didn't actually put any money in, although they may well have been depositors like 100 of 1000s of others getting screwed over.
Well when Louis Rukeyser was on, that was an excellent method, at least for me. He was like Rush Limbaugh, never to be replaced.
He was set up to lose bc he backed trump. Conservative money went to democrats via FTX campaign spending
Here’s all you need to know...
Biden sent money to Ukraine
Ukraine invested in FTX
FTX donated to the Democrats
Well, he probably has some way to deduct the loss on his 2022 Form 1040 tax return. For all the reasons one might think that he is limited on how much Long-Term Capital Loss he could deduct, I would guess he has a decent shot at taking an Ordinary Loss.
The amounts of money Tax Lawyers and Tax Accountants get paid at the level of a Tom Brady client -——— well, there are lots of ways to skin a cat. And being an equity investor in an entity structured as a partnership will result in all kinds of secret passages and hidden rooms.
In fact, Brady’s tax situation might be as complicated as that of President DJT.
Ukraine never invested in ftx
Lol yeah ok.
Show me the evidence.
Theres nothing there that talks about ukraine investing tax dollars into ftx. Nothing. This is just gaslighting
No, but he will be putting it in the microwave......................
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