7 NFL players who chose crypto over cash wages

For NFL fans, 2021 has been a great year. Stadiums returned to full capacity after the 2020 season was cut short with limited attendance...

For NFL fans, 2021 has been a great year. Stadiums returned to full capacity after the 2020 season was cut short with limited attendance. The stadium parking lots were once again filled with the eager expectation of tailgaters and their barbecue fellowship.

It was also a great year for Bitcoin (BTC) Investors as the largest cryptocurrency by market cap hit record highs on several occasions throughout 2021, eventually reaching $ 69,000 in early November. This has led to a dramatic increase in media coverage of Bitcoin.

Seven NFL players in 2021 decided to call the audible and start either getting paid in crypto or having their cash paycheck partially converted to crypto. These players have capitalized on the return of the regular season and the increased profitability of Bitcoin.

Aaron Rodgers

Reigning 2020 NFL MVP Announced Via Nov 1 video post on Twitter that he was partnering with the Cash App payment service to accept part of his salary in Bitcoin. Rodgers will earn around $ 22.3 million this year.

The video showed Rodgers dressed as John Wick for a Halloween party. If that wasn’t strange enough, probably on purpose, Rodgers also told viewers that he would donate $ 1 million in BTC.

In Rodgers’ case, part of his salary will be sent to his Cash App account, which he will then use to buy BTC.

The Twitter profile of the star Green Bay Packers quarterback characteristics a photo of himself on the pitch in a match with the iconic laser eyes, further signaling his support for BTC.

Tom brady

Tom Brady is another very high profile NFL star quarterback who has invested heavily in cryptocurrency in 2021. Brady has yet to say he is being paid in BTC by the NFL, but he will be paid in crypto by FTX after taking a stake. participation in the exchange of Sam Bankman-Fried, and will serve as a brand ambassador.

Brady did not restrict himself to crypto assets alone, however. The iconic football star launched its own NFT platform, called Autograph, in April to attract top talent from sports, entertainment, fashion and pop culture.

It doesn’t end there for Brady and crypto, however. In late October, Brady threw the 600th touchdown pass of his career, scoring an all-time high for the NFL and helping secure Brady’s position as the all-time leading touchdown passer in league history. Brady paid 1 BTC to the fan who initially received the ball from the receiver who completed the touchdown.

This BTC was worth around $ 62,000 at the time of play, but the ball itself can be valued at over $ 500,000 according to sports memorabilia auction company Goldin Auctions.

Odell Beckham Jr.

Odell Beckham Jr. (OBJ) followed in Aaron Rodgers’ footsteps by announcing End of november that he had in partnership with Cash App receive his salary from the NFL in BTC. His contract says he is expected to receive around $ 4.25 million from the NFL this season.

The Los Angeles Rams wide receiver has told fans he will be returning $ 1 million in BTC under his new partnership with Cash App. Beckham doesn’t seem like a stranger to the crypto and NFT scene as his Twitter profile dons an NFT Crypto Punk.

In case you haven’t noticed, Jack Dorsey’s Cash app is involved in OBJ and Aaron Rodgers’ BTC salary deal. The payment service application has had a great year 2021 in the first three quarters of the year by amassing nearly $ 10 billion in revenue from 36 million active users and 100 million downloads.

Trevor Laurent

The Carolina Panthers’ new star quarterback has joined the ranks of NFL superstars who publicly accept crypto payments. Lawrence’s deal, however, is not directly with the NFL. Crypto salary for 2021 NFL draft first pick arrives an approval agreement with the FTX crypto wallet app (formerly Blockfolio).

The value of his deal has not been made public, but if Lawrence has kept his crypto earnings, chances are he has enjoyed some appreciation in value, especially from the Solana (GROUND) coins. The crypto’s total market capitalization has risen by around $ 500 billion since the end of April, when the deal was announced.

Saquon Barkley

Returning New York Giants superstar Saquon Barkley revealed in July that he is converting all of his endorsement to pay in BTC. Like most of the others on this list, Barkley is not paid directly with crypto. Instead, he trades a portion of his winnings in cash for crypto.

Barkley uses the Strike payment app to acquire his BTC. He is not, however, the first NFL player to use Strike to buy BTC with his salary. Last year, former NFL offensive lineman Russel Okung became the first player to publicly share that he was using Strike to convert his NFL salary to BTC.

Barkley’s reasoning for trying to amass wealth with BTC revolved around the lack of longevity among NFL athletes. He said The best business lounge host Anthony Pompliano on July 15th:

“When you see the KDs and Lebrons and Bradys of the world and want to build generational wealth, you can’t do it with the sport I play and the position I play and coming out of injuries. you sit down from football for a whole year, you realize that game might be taken away from you. “

Sean culkin

Kansas City Chiefs tight end Sean Culkin has made public his intention to convert all his salary from the NFL to BTC. While others on this list have pledged to only convert a portion of their salary to Bitcoin or to get paid for endorsements with crypto, Culkin trades 100% of his salary.

As with Saquon Barkley, Culkin’s reasoning for turning to crypto has to do with the short half-life of league players. The average time most athletes spend in the NFL is 3.3 years, according to at Statista. Culkin said in a statement:

“Considering my career, especially its physical demands and brevity, it makes a lot of sense to be paid with solid money which in my opinion protects one’s purchasing power over time. . “

Aaron Jones

Last but not least on the list of crypto winning NFL stars is Aaron Jones of the Green Bay Packers. The ball carrier signed an agreement with FTX become an ambassador for the exchange in September. As with Tom Brady’s deal, Jones bought a stake in the exchange.

Jones will also integrate the FTX Pay platform into his own charity’s website to enable them to accept crypto donations.