
Tom Brady’s Autograph Cuts Huge Manpower as It Shifts Away from Crypto Tokens
The NFL quarterback legend lost nearly $50 million after FTX collapsed following a marketing deal paid in shares and some crypto assets.
The NFL quarterback legend lost nearly $50 million after FTX collapsed following a marketing deal paid in shares and some crypto assets.
During the second investor day within a year, Fanatics delivered presentations explaining its future growth strategy to over 100 prospective institutional investors from big firms such as Barclays and Goldman Sachs.
NFL legend Tom Brady, and his former wife, are among several household names to lose sizable stakes following the recent FTX collapse.
The “Man in the Arena” collection, jointly curated with Religion of Sports and LA-based Autograph, was made available for viewing on Autograph.io on Wednesday.
Tom Brady seems to have been planning his retirement way before now, as he raised the sum of $170 million for his NFT venture Autograph earlier this month.
Within Autograph NFT partnership deals, DraftKings’ digital marketplace will sell NFT content. Meanwhile, Lionsgate will use the Autograph platform to launch its digital collectible content.
This collaboration comes as FTX is considering a possible $1B funding round that could bring its valuation to as much as $20B.
Autograph will provide interactive offerings including live auctions, physical product drops, and also in-person experiences.