Fans create petition to get Tom Brady to pay back PPP loan
By Jerry Trotta
Fans have created a petition to get Tom Brady to pay back his PPP loan, and everybody should sign it.
The financial consequences stemming from the coronavirus pandemic are so severe that it’s almost impossible to put into words. An untold number of small businesses have gone under, and there are countless individuals who are still struggling to find consistent work after they were laid off from their respective jobs. In light of all this turmoil, former Patriots quarterback Tom Brady drew the ire of fans and the media when it was revealed that his business, TB12 Inc., received upwards of $350,000 from the Paycheck Protection Program, which is a loan designed to provide assistance to small businesses so they can keep their workers on the payroll.
When you consider that Brady is worth approximately $200 million, this was an egregious look and it has predictably been swept under the rug amid his quest to propel the Buccaneers to the playoffs for the first time since 2007.
However, there are still some folks who are unsettled by a multi-millionaire accepting such a sizable loan — it was later reported he received closer to $1 million than $350,000 — and they have decided to take action by creating a petition to get Brady to pay it back in full.
This petition is a fantastic idea and it would appear that a lot of other disgruntled American citizens (or Patriots haters) think so too. As of this writing, over 66,400 people (!) have signed it thus far and that figure can be expected to balloon in significant fashion across the next few days.
Brady admittedly has a charitable background, but there is simply no defending his business accepting close to $1 million in government money that could just as easily be given to other companies that are in danger of going out of business amid the ongoing pandemic, a disease with a second wave that has forced political leaders to enforce strict protocols much like they did during quarantine.
For the sake of argument, let’s highlight some numbers that make TB12 Inc. receiving such a lucrative loan so despicable. For starters, Brady has made $250 million across his career, which is the second-most money in league history. He’s also currently banking more money annually than he had in his previous 20 seasons after signing a two-year, $50 million deal with Tampa Bay.
Not to mention that the three-time MVP has several off-the-field endorsements that pay him handsomely and his wife, Gisele Bundchen, is said to be worth $400 million. We’re not trying to discredit what Brady has accomplished in his career, but anybody with a brain can point out the insanity in his business receiving between $340,000 and $1 million from the PPP. He could probably manage to keep this thing afloat without the government’s help, especially to this extent.
If he had any shred of dignity and compassion, he would accept the terms of this position and pay the loan back in full. You know his social media team will stumble across it at some point, so it’ll be a matter of whether he chooses to ignore it or take action. Like most Patriots fans, we seriously hope he sides with the latter.