Legendary NFL Quarterback Tom Brady Is Retiring to Focus on NFT Venture

Updated on Jul 27, 2024 at 3:16 pm UTC by · 3 mins read

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.

The Super Bowl will soon be missing Tom Brady, one of the legendary American NFL quarterbacks as he just announced he will be retiring from playing football. Taking to his official Instagram account to make the announcement, Brady said the fact that he will not be able to give a 100% of his commitment to the game accounts for why he has to take a permanent step back from the game as a whole.

That Brady is retiring did not come as a shock to his 11.1 million followers considering that he is one of the oldest still playing the game at 44 years of age. He received a lot of well-wishes from fellow athletes and his fans, and Brady is setting his gaze to go pay attention to other businesses of his, as well as spend more time with his family.

“The future is exciting,” Brady wrote in the Instagram post. “I’m fortunate to have cofounded incredible companies like [Autograph, BRADY, and TB12 Sports] that I am excited to continue to help build and grow, but exactly what my days will look like will be a work-in-progress.”

Tom Brady’s career as an NFL player spans for 22 years, 20 of which he spent with the New England Patriots where he won six Super Bowls titles, before leaving for the Tampa Bay Buccaneers, where he won the Super Bowl last year. Over the time span of this long career, Tom Brady won more awards than just the team trophies, and per a CNBC report, he now ranks as the highest-earning player of all time in the history of the NFL.

According to data from Spotrac, Brady’s earnings figure is pegged at $293 million accrued over 22 seasons. He is currently leading Drew Brees whose earnings figure stands at $269.7 million after playing for a total of 20 seasons. Over his long career, Brady’s highest annual earnings were inked when he moved to Tampa Bay, grossing $28.4 million in 2020, and $29.4 million in 2021. While he may not hold the title for long considering the big money deals being inked in the NFL at the moment, Brady’s career can be deemed an enviable one.

Next Steps for the Legendary Tom Brady

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. As reported by Coinspeaker, the funding was co-led by Andreessen Horowitz (a16z), and Kleiner Perkins, with the injected liquidity set to be used by the platform to harness the powers of Web3 and the vast NFT market to scale its ecosystem to the mainstream market.

With Tom Brady gradually hitting legendary status even in the digital currency ecosystem, a move marked by his growing partnerships with big brands in the space, the next steps for the elite sportsman are poised to be as equally exciting as his career in the NFL. With time, this proposition will be tested and proven.

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