• Loading stock data...
Wednesday, April 24, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Brady and Bündchen Get Equity in Crypto Exchange

  • Tom Brady and Gisele Bündchen are joining forces with crypto exchange FTX in a deal that gives them equity in the company.
  • The pair will also receive an undisclosed amount and type of cryptocurrency.
Mark J Rebillas-USA TODAY Sports/Design: Alex Brooks

One of the most recognizable celebrity couples in the world will grow the visibility of a major cryptocurrency exchange. 

Tom Brady and Gisele Bündchen struck a deal with FTX in which both the quarterback and supermodel will be brand ambassadors in exchange for an equity stake and unspecified amount of cryptocurrency. Bündchen will become FTX’s environmental and social initiatives adviser.

The pair had an estimated net worth of $570 million in January. Brady brought in $76 million in salary and endorsements over the last year, per Forbes.

FTX has leaned into sports partnerships to grow its brand.

  • Last week, FTX became the official cryptocurrency partner of Major League Baseball and the first company to claim ad real estate on a patch worn by umpires.
  • As of June, the Miami Heat play their home games in FTX Arena after linking up with the company on a 19-year, $135 million naming rights deal.
  • Also in June, FTX struck a $210 million deal with esports organization TSM, renaming it TSM FTX. 

Brady signaled his support for Bitcoin on May 10 by changing his Twitter profile to a pic with lasers glowing from his eyes.

After the crypto coin dropped nearly 40% over the next six weeks, Brady tweeted: “Alright, the laser eyes didn’t work. Anyone have any ideas?”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
podcast thumbnail mobile
Front Office Sports Today

Austin Ekeler on NFL Free Agency Drama

0:00
0:00

Featured Today

Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.
Mar 19, 2021; West Lafayette, Indiana, USA; Oral Roberts Golden Eagles forward Kevin Obanor (0) and guard Carlos Jurgens (11) and guard Max Abmas (3) and forward Francis Lacis (22) celebrate after an overtime victory over the Ohio State Buckeyes in the first round of the 2021 NCAA Tournament at Mackey Arena.
March 30, 2024

Cinderella Runs Are Great in the Moment. Then Things Can Get Messy

Sustaining success can arguably be more challenging than beating Goliath.
Mar 10, 2024; Las Vegas, NV, USA; Southern California Trojans guard JuJu Watkins (12) cuts the net after the Pac-12 Tournament women's championship game against the Stanford Cardinal at MGM Grand Garden Arena.
March 28, 2024

The Pac-12 Built a Women’s Basketball Powerhouse. Then Realignment Hit

The breakup is happening at the worst time for the sport.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Saudi Arabia’s Latest Sports Ambassador Is Deshaun Watson

The quarterback was in Saudi Arabia to promote American football and meet with royalty.
April 22, 2024

Chinese Government Says Swimming Doping Story Is ‘Fake News’

23 Chinese swimmers tested positive before the 2021 Olympics.
April 23, 2024

Caitlin Clark’s Nike Deal Reportedly Worth $28 Million Over Eight Years

The deal would become the largest for a women’s basketball player.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
Tyreek Hill NFL wide receivers
April 18, 2024

The 25 Highest-Paid NFL Receivers

The Dolphins’ Tyreek Hill tops the charts with $30 million.
Caitlin Clark
April 18, 2024

Fever’s Still Running: Tickets, Jerseys, and the Caitlin Clark Economy

Unprecedented ticket and merchandise demand for the WNBA rookie continues.
NFL running back Christian McCaffrey
April 18, 2024

The 25 Highest-Paid NFL Running Backs

49ers superstar Christian McCaffrey is the highest-paid NFL running back making just over $16M.
Laremy Tunsil NFL
April 18, 2024

The 25 Highest-Paid NFL Offensive Tackles

The Texans employs the game’s highest-paid tackle Laremy Tunsil.