FTX Investment Is For Tom Brady the $30 Million and Class Action Defendant That Keeps On Giving

 

A quarterback’s worst nightmare is to be hit hard as he is throwing
An errant wobbly pass the interception chances he knows are growing
And as he hits the ground hard
An interception but worse a pick six is in the cards
Tom Brady has retired for good and no longer faces sacks
But now another nightmare with linemen to protect him he now lacks
Brady like many star athletes was seduced by Sam Bankman-Fried
The promise of easy money in crypto-currency to sate their greed
With FTX getting sign rights at Cal’s Stadium, Miami Heat’s Arena, and MLB umpires logo
A warning sign to investors that too much spending and not a place for investment dollars to go
Brady invested some $30 million in FTX stock
Worse he became an “ambassador” for FTX to raise money in huge blocks
Not to be paid in cash but in soon to be stock worth zero
And now with several other “ambassadors” no longer the pro sports heroes
Now a defendant in class action suits by investors for fraud
Not sure whether he will win or lose but his net worth by lawyers fees will be somewhat gnawed
He could still be a comeback kid out retirement as training camp is still weeks away
And might convince his favorite target to Gronkowski to return and play
But probably doubtful so we have seen on a football field the last of Tom Brady
We hope he has learned a very expensive lesson and will invest in deals in the future a lot less shady

© 7/7/2023 Michael P. Ridley aka The Alaskanpoet