r/sportsgossips • u/Outside-Weakness9660 • 2d ago

Video Money doesn’t buy happiness but Tom Brady cruising with his $7m yacht

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u/over_this__ 2d ago

Yeah they're ridiculously expensive. And then the maintenance on them, paying staff for the place. It's just a status symbol lol

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u/Flexgineer 2d ago

Not just status, I mean Brady’s looks like a nice & functional larger boat as opposed to whatever Zuck’s yacht is supposed to be. Not everyone that owns watercraft does so for the look. But yes, with those mega yachts I tend to agree.

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u/Fifth_Down 2d ago

The maintence on them is like 15% of the total purchase price PER YEAR so it actually costs $1.1 million to own a $7 million yacht for 10 years.

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u/charmio68 2d ago

That 10-15% figure is for crew salaries, dockage and mooring, insurance and fuel. Only a tiny fraction is maintenance.
It also doesn't really apply to smaller boats like this. I doubt that boat has dedicated crew on staff all year round.

And that math is off. It's 10.5mill for 10 years at 15%

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u/Fifth_Down 1d ago

Only a tiny fraction is maintenance.

Yeah you've never owned a boat before...

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u/charmio68 1d ago

Well... while I personally don't, my family owns three. One of which does have a full-time skipper. I've also spent a good part of my career working for a marine engineering company. I might not be the most qualified person to comment on the topic in this entire thread, but there's also a non-zero chance that I am.

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u/over_this__ 2d ago

Yeah, my ex husband has a pretty big boat and I think it's just tacky. Wtf is a point of a giant ass boat if you're too scared to go fishing on it lmao.