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7 NFL players choose cryptocurrency instead of cash salary

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Justice News Flash Report

7 NFL players choose cryptocurrency instead of cash salary

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For NFL fans, 2021 is a great year. After the 2020 season was shortened due to limited attendance, the stadium resumed spectator numbers. The stadium parking lot is once again full of the enthusiastic expectations of the tailgaters and their barbecue friendship.

This is also a great year for Bitcoin (Bitcoin) As an investor in the largest cryptocurrency by market capitalization, it hit record highs many times in 2021, and finally reached $69,000 in early November. This has led to a sharp increase in media coverage of Bitcoin.

The seven NFL players in 2021 decided to call and start either paying in cryptocurrency or converting part of their cash salary into cryptocurrency. These players took advantage of the return of the regular season and the increase in Bitcoin’s profitability.

Aaron Rogers

2020 NFL MVP announced through November 1st Post a video on Twitter He is working with the Cash App payment service to receive part of his salary in Bitcoin. Rogers’ income this year is approximately 22.3 million U.S. dollars.

The video depicts Rogers dressed as John Wick attending a Halloween party. If this is not strange enough, it may be intentional. Rogers also told the audience that he will donate $1 million in BTC.

In Rogers’ case, part of his salary will be sent to his Cash App account, and then he will use these accounts to buy BTC.

The Twitter profile of the star quarterback of the Green Bay Packers feature The photo of him on the court with his iconic laser eyes during the game further shows his support for BTC.

Tom Brady

Tom Brady is another high-profile NFL star quarterback who has a lot of involvement in cryptocurrency in 2021. Brady has not stated that the NFL will pay him in BTC, but after he obtains the equity, the FTX exchange will pay him shares in the cryptocurrency Sam Bankman-Fried exchange and will serve as a brand ambassador.

However, Brady did not just keep himself on crypto assets.Iconic football star Launched its own NFT platformThe event called Autograph attracted top talent in the fields of sports, entertainment, fashion, and pop culture in April.

However, Brady and cryptocurrency did not end there. In late October, Brady completed the 600th career pass touchdown, a record high in NFL history, and helped Brady consolidate his position as the first person to pass touchdowns in league history. Brady paid 1 Bitcoin to the fans who were initially passed by the receiver who completed the touchdown.

That BTC was worth about $62,000 at the time of the game, but the ball itself may Worth more than 500,000 USD According to Goldin Auctions sports memorabilia auction company.

Odell Beckham Jr

Odell Beckham Jr. (OBJ) announced in the footsteps of Aaron Rodgers End of november He has Cooperation with Cash App Get his salary from the NFL in BTC. His contract stipulates that he should receive approximately $4.25 million from the NFL this season.

The wide receiver for the Los Angeles Rams told fans that as part of his new partnership with Cash App, he will return $1 million in BTC. Beckham seems to be no stranger to encryption and NFT scenarios, because his Twitter profile contains encrypted punk NFT.

If you haven’t noticed, Jack Dorsey’s Cash App is related to the BTC salary transaction of OBJ and Aaron Rodgers.The payment service application has Have a great 2021 In the first three quarters of this year, the company generated nearly $10 billion in revenue from 36 million active users and 100 million downloads.

Trevor Lawrence

The new star quarterback of the Carolina Panthers joins the ranks of NFL superstars who openly accept crypto payments. However, Lawrence’s deal was not reached directly with the NFL. The crypto salary of the NFL champion in 2021 is here Endorsement agreement Use the crypto portfolio application FTX (formerly known as Blockfolio).

The value of his transaction has not yet been made public, but if Lawrence has been holding his cryptocurrency gains, then he is likely to have appreciated, especially from Solana (Sol) Coins. Since the announcement of the transaction at the end of April, the total market value of cryptocurrencies has increased by approximately US$500 billion.

Sakun Buckley

The superstar Sakun Barkley, who ran back from the New York Giants, revealed in July that he is converting all of his Endorsed payment to BTC. Like most others on this list, Barkley does not get paid directly through cryptocurrency. Instead, he exchanged part of his cash income for cryptocurrency.

Barkley is using the Strike payment application to obtain his BTC. However, he is not the first NFL player to use Strike to buy BTC with salary. Last year, former NFL offensive forward Russel Okung became the first player to publicly share that he is using Strike to convert his NFL salary to BTC.

The reason Barkley tried to accumulate wealth through BTC was the lack of longevity of NFL athletes.He said Best business show Host Anthony Pompliano on July 15th:

“When you see the KD, Lebrons and Bradys in the world and you want to create wealth for generations, you can’t do it with the sports I participated in, the position I participated in, and the recovery from injuries. When you sit down After playing football for a whole year, you will realize that this game may be taken away from you.”

Sean Culkin

Kansas City Chiefs’ tight end Sean Culkin reveals his plan exchange His entire salary changed from NFL to BTC. Although the others on this list promised to convert only a portion of their salary into Bitcoin or receive endorsement payments through cryptocurrency, Culkin is exchanging 100% of his salary.

Like Saquon Barkley, the reason for Culkin’s switch to cryptocurrency is related to the short half-life common in alliances. Most athletes spend an average of 3.3 years in the NFL. according to To Statista. Culkin said in a statement:

“Considering my professional life-especially its physical requirements and short time-I think it makes the most sense to pay with a stable currency, and I believe that over time, it can protect its purchasing power.”

Aaron Jones

Last but not least, the NFL star to receive cryptocurrency is Aaron Jones of the Green Bay Packers.Run back Sign up with FTX Became an exchange ambassador in September. Like Tom Brady’s transaction, Jones bought equity in the exchange.

Jones also integrated the FTX Pay platform into his own charity website to enable it to accept encrypted donations.