Tom Brady is pretty much at the forefront of everything business related as it pertains to the NFL.
So he’s letting it be known that he’s looking to diversify his financial portfolio and start receiving some of his salary in cryptocurrency.
— Greg Zen (@MrGregZen) September 22, 2021
“I’d love to request to get paid in some crypto and, you know, to get paid in some bitcoin or ethereum or solana tokens,” Brady told Jim Gray on Sirius XM recently. “I think it’s an amazing thing that’s happening in the world is becoming more digital. And these digital currencies, along with a lot of, if you look how the world is going, with all these different digital mediums and how they’re impacting currencies.”
Celebrity Power Couple
Tom Brady and supermodel wife Gisele Bundchen took an equity stake in the crypto firm FTX I in June.
This was part of a long-term partnership, marking the power couple’s newest joint business venture into the world of digital assets.
Outside of Brady’s reported net worth of $200 million, his supermodel wife, Gisele Bundchen, is said to be worth $400 million with an annual salary of $40 million. That’s basically $600 million to play with.
With that type of assets, risking a few million doesn’t seem to be a bad business move.
Brady, a seven-time Super Bowl champion and quarterback of the Tampa Bay Buccaneers has made a whole lot of money since being drafted by the New England Patriots in 2000.
TB12 is closing in on about $300 million in career NFL earnings.
TB12 Wants Some Dinero In Crypto
“Touchdown Tommy” isn’t the first player to indicate they’d love to be paid in crypto.
Carolina Panthers offensive lineman Russell Okung received half of his 2019 salary in bitcoin. He was the first.
— Toronto Sun (@TheTorontoSun) December 29, 2020
Kansas City Chiefs tight end Sean Culkin also received his entire salary digitally, so Brady isn’t breaking ground here.
The NFL’s biggest proponent of cryptocurrency is All-Pro defensive back Richard Sherman who started delving into the world of cryptocurrency when he was sidelined with an injury in 2017 during the San Francisco 49ers’ playoff run.
I’ve begun to work hard to stimulate myself mentally by educating myself on how blockchain and cryptocurrencies are bringing unprecedented change to the world,” Sherman wrote in a blog post from January 2018. “This world isn’t new to me, I first got involved with cryptos over five years ago and began accepting bitcoin long before people were campaigning for Amazon to allow virtual currencies as a payment method.”
Sherman, a 2010 Stanford graduate with a degree in communication, made over $20,000 in crypto trading in his first year, per Time.com
Changing The Game
However, with someone Brady at the forefront pushing for it, you can expect other players to follow suit.
“No active MLB or NBA players receive any compensation in cryptocurrency, but MLB’s Oakland Athletics, alongside NBA’s Sacramento Kings and Dallas Mavericks, accept Bitcoin for tickets,” Benzinga reported last month.
The Sacramento Kings are set to become the first major sports franchise to offer a bitcoin payment option to all players and staff.
When asked about risking his money in cryptocurrency, “Tom Terrific” didn’t seem too concerned about that.
The couple just dropped $17 million on a mansion Miami beach house after renting Derek Jeter’s home in the months following their relocation from New England to Florida.