10 Ways Tom Brady Earns And Spends His Fortune | TheRichest
Despite leaving some money on the table during his playing career as the greatest NFL player of all time, Tom Brady will have earned close to a billion dollars by the time his blockbuster contract with Fox Sports expires. Brady has a $375 million contract with Fox over ten years, as revealed by the Post's Andrew Marchand. After the 2022 season, Tom Brady's estimated career earnings will rise to $333 million, according to Spotrac and he currently has a massive net worth of $400 million. The point is that Brady is not only one of the world's top athletes but also one of the world's wealthiest. Here are ten ways how Tom Brady makes and spends his money.
11 Earns: New England Patriots
Spotrac reports that Brady signed a three-year, $866,500 contract with a $38,500 signing bonus after being selected in the sixth round of the 2000 NFL Draft. After he led the Patriots to their first Super Bowl victory in 2002, his compensation jumped into the seven figures. Brady signed eight extensions during his rookie contract and restructured contracts with the Patriots, frequently accepting less money each time. After 20 years and six Super Bowl victories with New England, he retired with a career salary of $235,166,804. The 2019 season, Brady's last with the Patriots, was the highest-paid season of his career, with a salary of $23 million.
10 Spends: Real Estate Properties
Once the supermodel Gisele Bündchen and Tom Brady tied the knot in a lavish ceremony in 2009, they decided to mark the occasion by purchasing a massive mansion. There's a saying that everything is bigger in Texas, which apparently includes Tom Brady's bank account. They dropped $11 million for a Brentwood, California, mansion that was 14 square feet per mile. Four years after spending extra money on a new design for the house, they sold it to Dr. Dre for $40 million. The couple completed the interior design in 2013 and sold the house the following year. The Bradys reportedly spent $11.7 million buying a luxury apartment at One Madison in New York City in 2014. They only owned it for two years before selling it in 2016 for $13.25 million, down from the asking price of $17 million. However, that wasn't the end of their New York adventure; they later bought a second condo in the city's ritzy Tribeca neighborhood. The condo is on the 12th level, costs $20 million, and is 5,000 square feet because Brady is known for wearing the number 12.
9 Earns: Tampa Bay Buccaneers
Brady got a two-year agreement with the Buccaneers when he joined the team in 2020. Having already won seven Super Bowls, Brady has also set a record for five most Super Bowl MVP titles. As the Patriots' starting quarterback, Brady joined Peyton Manning as the only quarterback to win the Super Bowl with two separate teams. In addition, he was the first quarterback to lead two different conferences to a Super Bowl victory. Brady also tied Otto Graham for the most professional football titles at seven, making him the player with the most wins in the history of the NFL. As a result of this victory, Brady set a record as the oldest quarterback to start, play in, win, and be named Super Bowl MVP. After two seasons, he made a total of $67,795,588, with last year's Super Bowl LV victory contributing $39,420,588. This means that in 2022, he will earn $30 million.
8 Spends: Expensive Cars
The Ferrari M458-T is one of the most expensive cars in the United States, and for a good reason, at $230,000. This is no ordinary fast car and is extremely dangerous in the wrong hands. If you put this Ferrari through its paces, you'll reach 60 mph in just three seconds. You can't just put something like that in the hands of any random person. Therefore, it is typically given to a wealthy celebrity like Tom Brady, who represents a highly exclusive social class. Tom Brady has a massive car collection and those few who are strong, skilled, and rich enough to manage a bad boy like him. However, Brady's Rolls Royce Ghost, which he purchased for $355,600, is more expensive than this car.
7 Earns: Brady Brand
By teaming up with Dao-Yi Chow, the creator of Public School and a former creative director at DKNY, and Jens Grede, the co-founder of Skims, Brady was able to launch a successful new label. In doing so, Brady is entering yet another vast and quickly expanding market. FOS Insights estimates that the athleisure industry will be worth $549 billion by 2028. Still, there is a lot of competition out there. The market is oversaturated with popular companies like Nike and Lululemon and smaller, more specialized ones like Rhone and Athleta. Since teaming up with Grede, Brady has access to the expertise of someone who built a fake athletic wear company into a $1.6 billion industry powerhouse. Brady has made it clear that he is fully invested in developing this business, and he has a significant leg up thanks to the support of his partners.
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5 Spends: Attending High Profile Events
Brady has been spotted at various events, including the Kentucky Derby, the Met Gala, and the world-famous Carnival in Brazil. They were photographed partying with Ashton Kutcher at the 2014 Fifa World Cup. Both Tom Brady and his wife attended the 2018 Met Gala in couture. Brady went for a classic look by pairing a black turtleneck with a matching suit jacket that featured a golden pattern on the lapel. He did not get the kind of praise for the suit he had hoped for, and his costume became a viral meme. Brady's costume compared a James Bond villain to a Las Vegas magician and was mocked.
4 Earns: Deal With Autograph
To produce expensive NFTs portfolio and innovative experiences for a group of fans and collectors, Autograph sought to unite some of the most recognizable names and companies in the world with the top digital artists in the business. Creating the DraftKings Marketplace, Autograph and DraftKings struck a contract for the latter's exclusive distribution of Autograph's sports merchandise. Among the investors were Andreessen Horowitz and Kleiner Perkins, and the total amount of capital was $170 million, as reported by Autograph in January of that year.
3 Spends: Luxurious Travels
Tom Brady and his family have become infamous for their lavish travels worldwide. In April of this year, Tom Brady flew his family to Dohar, Qatar, on a Qatar Airways private jet for a vacation. The trip's high point was undoubtedly the Instagram shot of Tom and Gisele riding camels, which millions worldwide saw. As recently as 2018, Brady attended a VIP yacht party in Monaco. Brady hopped on board one of the SeaDream Yacht Club's two vessels. Bella Hadid and Daniel Ricciardo were among the celebrities that boarded the party boat. Ricciardo challenged Brady to a game of football catch to see how well the quarterback's throwing arm held up.
2 Earns: Brand Endorsements
In 2021, Brady earns millions through endorsements and reportedly made $31 million through endorsements, according to an estimate by Forbes. While Brady hasn't had his image exploited as much as Peyton Manning's has, there's no shortage of sponsors eager to have him represent their brands as an all-time great player. The British automaker Aston Martin is one of the brands he supports. In this case, he'll be putting his name on the hood of a $200,000 automobile. As their official brand ambassador, Brady is also the face of high-end watchmaker TAG Heuer. On their website, you can purchase a limited-edition Brady watch for $5,750 that features his jersey number. Of course, he also promotes things for the rest of us who can't afford $205,750. There have been other endorsement deals for Brady, including ones with Under Armour, UGG, and Foot Locker. Since he has no plans to stop working any time soon, it is anyone's guess which brands will be waiting in line to secure his recommendation.
1 Spends: Charity Donations
To help those in need, Tom Brady set up his nonprofit organization in 2005. His organization would be known as the Foundation to Alter the World. A slightly under $500,000 would be initially contributed, with Brady chipping in $10,000. Since then, Brady's foundation has collaborated with Best Buddies to raise $46 million for the latter's charitable efforts. One controversial aspect of his charity is that it has been known to receive funding from other charities.
Sources: Sports Casting, Borgen Magazine, Bleacher Report
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