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7 NFL players that chose crypto over cash salaries

For NFL fans, 2021 was a unconfined year. Stadiums returned to topics crowds without the 2020 season was shortened with limited attendance. Stadium parking lots were then filled with the enthusiastic vaticination of tailgaters and their barbequed camaraderie. 

It was moreover a unconfined year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization reached all-time upper prices multiple times throughout 2021, sooner topping out at $69,000 in early November. This led to a dramatic increase in media coverage of Bitcoin.

Seven NFL players in 2021 decided to undeniability the well-marked and uncork either stuff paid in crypto or having their mazuma salary partially converted to crypto. These players have capitalized on the return of the regular season and the increased profitability of Bitcoin.

Aaron Rodgers

The reigning 2020 NFL MVP spoken via a Nov. 1 video post on Twitter that he was partnering with Mazuma App payment service to winnow a portion of his salary in Bitcoin. Rodgers will earn roughly $22.3 million this year.

The video depicted Rodgers dressed as John Wick for a Halloween party. If that wasn’t strange enough, likely by design, Rodgers moreover told viewers that he would donate $1 million in BTC.

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In Rodgers’ case, he will have a portion of his salary sent to his Mazuma App account, which he will then use to buy BTC. 

The Twitter profile for the star quarterback for the Green Bay Packers features a picture of himself on the field during a game with the iconic laser eyes, remoter signaling his support for BTC.

Tom Brady

Tom Brady is flipside very high-profile NFL star quarterback who dabbled heavily in cryptocurrency in 2021. Brady has not yet said that he is stuff paid in BTC by the NFL, but he will be paid in crypto by FTX mart without he took an probity stake in Sam Bankman-Fried’s exchange, and will serve as a trademark ambassador.

Brady has not reserved himself to crypto resources alone, however. The iconic football star launched his own NFT platform, tabbed Autograph, in April to vamp the top talent in sports, entertainment, malleate and pop culture.

It doesn’t end there for Brady and crypto, though. Late in October, Brady threw the 600th passing touchdown of his career, marking an all-time upper for the NFL, and helping to secure Brady’s position as the all-time leading touchdown passer in the league’s history. Brady paid 1 BTC to the fan who was initially given the wittiness by the receiver who completed the touchdown.

That BTC was worth well-nigh $62,000 at the time of the game, but the wittiness itself may be worth over $500,000 equal to Goldin Auctions sports memorabilia vendition company.

Odell Beckham Jr.

Odell Beckham Jr. (OBJ) followed in Aaron Rodgers’ footsteps by announcing late in November that he had partnered with Mazuma App to receive his salary from the NFL in BTC. His contract stipulates that he should receive well-nigh $4.25 million from the NFL this season.

The Los Angeles Rams’ wide receiver told fans that he would requite when $1 million in BTC as part of his new partnership with Mazuma App. Beckham appears to be no stranger to the crypto and NFT scene as his Twitter profile dons a Crypto Punk NFT.

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In specimen you haven’t noticed, Jack Dorsey’s Mazuma App is involved with both OBJ’s and Aaron Rodgers’ BTC salary deal. The payment service app has had a unconfined 2021 through the first three quarters of the year by raking in nearly $10 billion in revenue from 36 million zippy users and 100 million downloads.

Trevor Lawrence

The Carolina Panthers’ new star quarterback joined the ranks of NFL superstars who are publicly unsuspicious crypto payments. Lawrence’s deal, however, is not with the NFL directly. The 2021 NFL top typhoon pick’s crypto salary comes from an endorsement deal with the crypto portfolio app FTX (formerly Blockfolio).

The value of his deal has not been made public, but if Lawrence has been hodling his crypto earnings, there is a good endangerment he has enjoyed an appreciation in value, expressly from the Solana (SOL) coins. The total crypto market cap has increased by well-nigh $500 billion since late April when the deal was announced.

Saquon Barkley

Saquon Barkley, the superstar running when from the New York Giants, revealed in July that he was converting all of his endorsement pay into BTC. As with most others on this list, Barkley is not stuff paid directly with crypto. Instead, he is swapping some of his mazuma earnings for crypto.

Barkley is using the Strike payment app to reap his BTC. He is not the first NFL player to use Strike to buy BTC with his salary, however. 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.

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Barkley’s reasoning for trying to penny-pinch wealth with BTC revolved virtually the lack of longevity among NFL athletes. He told The Best Business Show host Anthony Pompliano on July 15:

“When you see the KD’s, the Lebrons and Bradys of the world and you want to create generational wealth, you can’t do that with the sport that I play and the position that I play and coming off of injuries. When you sit out of football for a whole year, you realize that this game could be taken yonder from you.”

Sean Culkin

Kansas City Chiefs’ tight end Sean Culkin went public with his plans to convert his unshortened salary from the NFL into BTC. While others on this list single-minded to converting only a portion of their salary into Bitcoin or stuff paid for endorsements with cryptos, Culkin is swapping 100% of his salary.

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

“Considering my career—particularly its physical demands, and brevity–it makes the most sense to be paid in sound money that I believe protects its purchasing power over time.”

Aaron Jones

Last but certainly not least on the list of NFL stars earning crypto is the Green Bay Packers’ Aaron Jones. The running when signed a deal with FTX to wilt an producer for the mart in September. Like with Tom Brady’s deal, Jones purchased an probity stake in the exchange.

Jones will moreover integrate the FTX Pay platform into his own charity’s website to enable it to winnow crypto donations.

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