There are always receipts.
Tom Brady is facing huge backlash for buying a $2 million yacht after his company, TB12, received a Paycheck Protection Program (PPP) loan for $960,000.
The 40-foot boat, which is named “Viva a Vida” after Gisele’s environmental initiative, arrived in St. Petersburg, Fla., on Thursday. Naturally, social media wasn’t thrilled to see the Tampa Bay Buccaneers quarterback spend so much money after receiving federal funds when so many are struggling as a result of the pandemic.
“Tom Brady’s company took almost $1M in PPP loans, while 52% of small businesses that applied didn’t get any. Tom Brady is worth $200,000,000,” tweeted Sawyer Hackett, a senior advisor to Julián Castro.
“Tom glad the PPP loan helps on the gas money for-your NEW boat!!” wrote another Twitter user.
“More PPP corruption at the highest levels. Tom Brady, worth more than $200 million, received almost a million dollars in loans from the Paycheck Protection Program that was designed to help small businesses survive the pandemic,” tweeted another.
“All of your favorite artists, restaurants, and bars got crushed or destroyed by COVID and the inept federal response,” tweeted a frustrated person. “But, hey, Tom Brady’s company got a $960,855 PPP loan to keep schlepping snake oil and s–tty cotton tees emblazoned with a hideous logo!”
Brady’s high-end purchase comes after Page Six exclusively revealed he and wife Gisele Bündchen are moving to Miami’s “billionaire’s bunker.” The couple, who have been residing in Derek Jeter’s home in Tampa, bought 26 Indian Creek for more than $17 million.
They’ll be neighbors with Jared and Ivanka Trump.
Reps for Brady did not immediately return our request for comment.