More NFL stars are embracing cryptocurrency as an alternative to traditional currency. Let's look at some prominent examples.
From Odell Beckham to Bitcoin Charity
In 2021, Odell Beckham Jr. made a bold statement by opting to receive his $4.25 million Los Angeles Rams salary in Bitcoin. Partnering with Square's CashApp, Beckham recognized this as a 'new era' despite the skepticism. He also promised to give away $1 million in Bitcoin to his fans.
Russell Okung's Crypto Innovations
Russell Okung was one of the pioneers in NFL to receive part of his salary in Bitcoin back in 2020, making him a favorite among crypto enthusiasts. He used a significant portion of his paycheck to launch Bitball, a company paying its participants in cryptocurrency, marking him as an NFL crypto pioneer.
Other NFL Stars and Cryptocurrency
Besides Beckham and Okung, several other NFL stars embraced cryptocurrencies. Sean Culkin initially announced he'd receive his entire salary in Bitcoin, believing it to be the future of finance. Trevor Lawrence, Saquon Barkley, and Demario Davis also indicated their interest, although the sharp market downturn post-2021 highlighted the risks of such a move.
NFL players' attempts to integrate cryptocurrency into their financial strategies present intriguing developments in sports and finance. Despite the market downturn post-2021 highlighting risks, many players remain optimistic about the long-term prospects of cryptocurrency.