After bidding farewell to his illustrious NFL career, former quarterback Tom Brady, continues to rake in millions through various business ventures. Moreover, with his promising ventures, Brady is on the way to being the richest NFL player, the position which is currently reigned by the NFL veteran Roger Staubach.
With a net worth valued at $600 million, Staubach marched through the NFL successfully, but it was his off-field ventures that helped him build a fortune. And Brady’s remarkable journey from being an undisputed football icon to a successful entrepreneur has placed him in a unique position to potentially take over the prestigious title from Staubach, despite facing a loss of $30 million with the collapse of a Crypto giant.
Tom Brady is walking on Staubach’s path of acquiring big money!
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In 1969, 27-year-old Roger Staubach started his journey in the NFL as a rookie, earning $25,000 annually. Despite the modest pay in his playing days, Staubach’s ten-season career with the Dallas Cowboys brought him impressive accolades, including two Super Bowl wins, five appearances, and an NFL MVP title by 1979. During his early NFL years, Staubach ventured into real estate, working part-time as a broker for Henry S. Miller Co. His dedication led him to establish his own successful commercial real estate business, The Staubach Company, in 1977.
Over the next three decades, the company thrived, helping tenants find suitable office, retail, and industrial spaces. By 2008, The Staubach Company had grown significantly, bragging over 70 offices across North America and 1,600 employees. Moreover, the Navy veteran’s business acumen peaked when he sold the company to Jones Lang LaSalle for an impressive $613 million. As reported by HousingWire, Staubach said during a real estate luncheon, “I learned a lot about teamwork and resiliency and perseverance in football,” he said, “and that translates well into business.”
Similarly, Brady’s $300 million net worth comprises ventures that exemplify his commitment to excellence and success off the field. At the forefront is TB12, a health and wellness company co-founded by Brady and his trainer Alex Guerrero. Apart from this, Autograph, an NFT platform co-founded by Brady, has made waves in the digital collectibles market, drawing substantial funding and strategic partnerships.
Another cornerstone of Brady’s empire is 199 Productions, a multi-platform content company that seeks to captivate audiences through innovative storytelling. However, in the midst of promising money flowing in, Brady recently faced a staggering loss of $30 million with the collapse of a Crypto giant.
Brady had a fair share of turbulence!
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Tom Brady’s collaboration with cryptocurrency company FTX took an unexpected turn when the company collapsed last fall. As an ambassador for FTX, the NFL quarterback appeared in commercials and entered into a lucrative deal, receiving $30 million in FTX stock. Unfortunately, with FTX’s bankruptcy, the stock has now become worthless.
Moreover, FTX was valued at $32 billion when it collapsed. And as an ambassador of the company, Brady alongside his ex-wife Gisele Bündchen played a significant role in FTX’s advertising campaign, which was valued at $20 million. Tom Brady, being the voice of the organization via the ad campaign, became the biggest loser in terms of finance among all the athletes associated with this cryptocurrency.
But Brady wasn’t alone if facing the losses, Gisele also received $18 million worth of FTX stocks, and post the collapse the amount was zeroed. But again, Brady shares a common trait with Staubach, i.e. implementing his NFL teachings into business. Despite this, he continues to embark on building successful ventures that could potentially lead him to replace Roger Staubach.
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Will Brady be able to leave Staubach behind? What do you think?
Watch This Story: Soccer Legend David Beckham Offers Insight into Tom Brady’s Life Post-Divorce from Gisele Bündchen
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