Sean Culkin Becomes the First NFL Player to get His Entire Salary in Bitcoin, Trevor Lawrence also Joins in

2021-4-26 18:05

American football quarterback Trevor Lawrence is joining the small but growing number of athletes getting paid in Bitcoin.

This latest development is the result of Lawrence signing an endorsement deal with cryptocurrency exchange FTX.

“We’re really trying to get our name out a lot,” said Sam Bankman-Fried, the CEO of FTX. This isn't’ the first time Sam has been trying to take FTX and, by extension, crypto mainstream.

Recently, FTX closed the $135 million deal with Miami-Dade County to name Miami Heat’s home court, FTX Arena, for a period of 19 years.

The former Clemson quarterback received his first payment exclusively in crypto, which was transferred directly into his Blockfolio account, a crypto trading app acquired by FTX in August last year for $150 million.

“Trevor was excited about crypto,” Bankman-Fried said. “That’s what drew us to him.”

The signing bonus that Lawrence received in crypto, a mixture of Bitcoin, Ethereum, & Solana, is reportedly already worth more than when it was deposited on Friday night. Future payments to him will be made in whatever combination of crypto and dollars Lawrence chooses.

“Crypto is on a lot of people’s minds,” Bankman-Fried told DealBook.

Joining Lawrence is Kansas City Chiefs player Sean Culkin who will be taking his entire base salary for 2021, $920,000 in BTC.

I fully believe Bitcoin is the future of finance and I wanted to prove that I have real skin in the game — not just trying to make a quick buck. I will be converting my entire 2021 NFL salary to #Bitcoin.

— Sean Culkin (@culkin22) April 26, 2021

With this, Culkin becomes the first National Football League player to be paid entirely in BTC. Russel Okung, who famously declared “pay me in bitcoin,” receives only half of his salary in BTC.

Much like Okung, Culkin will be staking sats via Zap’s Strike.

Culkin, who first became aware of Bitcoin in 2016, shared his enthusiasm on Twitter and has been sharing his thoughts on crypto regularly. Culkin said,

“For me, it makes sense to get paid in the hardest form of currency, and it’s something that is resistant to inflationary pressures that I think is very relevant in this current economic environment.”

Bitcoin/USD BTCUSD 53,340.1453 $4,043.18 7.58% Volume 61.4 b Change $4,043.18 Open$53,340.1453 Circulating 18.69 m Market Cap 997.03 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=BTC&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~BTC~USD"); The post Sean Culkin Becomes the First NFL Player to get His Entire Salary in Bitcoin, Trevor Lawrence also Joins in first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

SkinCoin (SKIN) íà Currencies.ru

$ 0.0007068 (+3.58%)
Îáúåì 24H $8.034k
Èçìåíåèÿ 24h: 12.73 %, 7d: 18.23 %
Cåãîäíÿ L: $0.0007068 - H: $0.0007068
Êàïèòàëèçàöèÿ $62.325k Rank 1953
Äîñòóïíî / Âñåãî 88.183m SKIN

meanwhile game former skin clemson quarterback real

meanwhile game → Ðåçóëüòàòîâ: 13


As Robinhood pauses GameStop trading, maximalists say money will still flow into Bitcoin

GameStop took over the Internet and stock market alike, as shares of the video game retailer surged over 400% this week and nearly 1,750% this year. Meanwhile, shares of AMC Entertainment ballooned 30The post As Robinhood pauses GameStop trading, maximalists say money will still flow into Bitcoin appeared first on AMBCrypto.

2021-1-28 19:00