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Crypto Crash Hurts Athletes Like OBJ, Who Converted NFL

$35400 Profootballtalk.nbcsports.com Show details

1 day ago · Taking into account taxes and the dip in Bitcoin price, Rovell says that OBJ has earned a mere $35,400 in salary from the Rams, despite a much-publicized $750,000 payday. We know that the crypto

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Odell Beckham Jr. Took His $750K Salary In Bitcoin How

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Crypto NFL’s Odell Beckham Jr. took his $750,000 salary in bitcoin — how much did that end up costing him? Last Updated: Jan. 24, 2022 at 5:12 p.m. ET First Published: Jan. 24, 2022 at 1:52 p

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Famous NFL Players That Are Prolific Cryptocurrency

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Img source: newsweek.com. Sean Culkin announced his plans to convert his entire 2021 NFL salary to bitcoin. With a degree in finance, Culkin is an avid supporter and investor of cryptocurrencies. In his interviews, the famous NFL player has iterated that he feels no risk in taking payments in cryptocurrency.

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NFL Star OBJ Crypto Salary May Be Facing Tax Issues

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The NFL player signed a partnership deal with the LA Rams and CashApp for $750K worth of Bitcoin in late November of 2021. At that time, BTC hit its all-time highs, averaging $65-69k. However, the recent crypto crash raised some eyebrows on his salary from the community, and experts criticized the NFL player’s decision on taking crypto as

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NFL Player Bullish About Bitcoin’s Future Potential By

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NFL player supports and believes in the power of Bitcoin. Bitcoin remains to be the favorite crypto of many. The crypto space blockchain technology and its potential continues to be recognized by

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NFL's Russell Okung Doubles Down On Bitcoin Investment

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Russell Okung – the first NFL player to get a portion of his salary paid in Bitcoin – reacted Wednesday to the cryptocurrency’s dip over the last two days.. Okung, who is …

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Issues Arise With NFL’s Star Bitcoin Salary

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1 day ago · The NFL star decided to take his $750,000 salary in Bitcoin last year. But the massive fall in crypto value means he’s earning 61% less than he …

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NFL Players Increased The Value Of Cryptocurrencies

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NFL players increased the value of cryptocurrencies, especially Bitcoin (BTC) Aaron Rodgers. Earning roughly $22.3 million this year, the reigning 2020 NFL most valued player has announced his intention to accept a portion of his salary in Bitcoin. It was revealed in a Nov. 1 video post on Twitter that he will be shaking hands Cash App payment

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NFL Player Receives $6.5 Million Salary In Bitcoin

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NFL Player Receives $6.5 Million Salary in Bitcoin. Russell Okung demanded salary payment through Bitcoin in 2019 and finally received half of his $13 million fees in BTC. Russell Okung, who plays for Carolina Panthers in the American National Football League (NFL), announced that he has finally received 50% of his $13 million yearly fees in

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Kansas City's Sean Culkin Becomes First NFL Player To Get

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Culkin will become the first NFL player to have his entire salary in Bitcoin, calling it the gold standard of this generation.He will be paid …

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Bitcoin Price Plunge Shrinks Paycheck Of NFL's Odell

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LA Rams football player Odell Beckham Jr. took his $750,000 salary in bitcoin. Yahoo Finance's Brad Smith and Akiko Fujita discuss how the current drop in bitcoin's price is affecting his pay.

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Chiefs Tight End Sean Culkin Becomes First NFL Player To

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Culkin – who signed with the Chiefs in early February and played his college football at Mizzou – is the first NFL player to be paid entirely in bitcoin, according to Yahoo Finance’s CoinDesk.

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Bitcoin's Recent Crash Is A Reminder: Don't Get Your

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2 days ago · Both players endorsed Bitcoin and announced plans to take portions of their 2021 salaries in the cryptocurrency during a month when Bitcoin would hit an all-time high of …

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NFL Player To Be Paid In Bitcoin FOX 5 New York

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NEW YORK - In May 2019 NFL player Russell Okung tweeted "Pay me in Bitcoin" and now that appears to be happening.. The Carolina Pathers tackle will receive half of his $13 million salary in the

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Category: Bitcoin

Kansas City Chiefs’ Sean Culkin Will Become First NFL

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Key Facts. Culkin, 27, is set to make a base salary of $920,000 as a backup tight end for the Chiefs. Culkin will become the first NFL player to …

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How Many NFL Players Receive Salary In Bitcoin? Odell

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Here's a look at every NFL player getting paid in Bitcoin. #1 - Odell Beckham Jr., WR, Los Angeles Rams. The most recent and high-profile player to get paid in bitcoin,

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Russell Okung Becomes First NFL Player To Be Paid In Bitcoin

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Bitcoin is going pro. Carolina Panthers tackle Russell Okung has agreed to receive half of his $13 million salary in the form of the volatile cryptocurrency, a payments startup announced Tuesday. A…

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Category: Us Dollar, Bitcoin

NFL: Chiefs Cut TE Who Wanted To Invest Entire Salary Into

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Culkin was the first NFL player to publicly announce that he was planning to convert his entire paycheck into cryptocurrency. It’s not known how many others have invested into Bitcoin or other

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Odell Beckham Jr.'s Crypto Investment Falters; NFL Star

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When OBJ signed his contract, Bitcoin was worth $64,293. Now, Rovell says it hovers around $35,400, which basically makes the NFL star's salary now worth $412,953 (since he took all of it in Bitcoin).

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NFL Player FORCED To Take Involuntary Pay Cut Thanks To Crypto

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1 day ago · That means his salary would already have been cut down by more than half due to federal and state income taxes taking a whopping 50.3% of his earnings. Of his $750K base, factoring in the losses due to taxes and Bitcoin’s crash, Beckham is walking away with about $218,000. That’s about $420,000 LESS than the league’s minimum.

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Odell Beckham Jr. Is The Latest Player To Take A Hit From

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2 days ago · There are many other players who have decided to use Bitcoin, and one of the first players to convert their contract was NFL free agent Russell Okung. Last year, he took 50% of his $13 million

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Bitcoin Has Made Russell Okung One Of The NFL's Highest

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An NFL first: #Panthers OT Russell Okung will receive half of his $13M in salary in Bitcoin. As part of a partnership with @in_strike and thanks to creative payroll solutions from the #Panthers, @russellokung will fulfill the goal he set when he tweeted “Pay me in Bitcoin!” — Ian Rapoport (@RapSheet) December 29, 2020

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Sean Culkin First NFL Player To Take 2021 Salary In Bitcoin

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KANSAS CITY, Mo. — A Chiefs tight end is the first NFL player to commit to cryptocurrency. Sean Culkin tweeted Monday morning to announce he will convert his entire 2021 NFL base salary to Bitcoin.

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Kansas City Chiefs' Sean Culkin Becomes 1st NFL Player To

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KANSAS CITY, Mo. -- If he makes the Kansas City Chiefs ' roster to begin this season, tight end Sean Culkin will be the first NFL player to convert all of his salary to Bitcoin. Culkin, who is

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No, NFL Player Russell Okung Is Not Being Paid In Bitcoin

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Headlines have spread that Carolina Panthers lineman Russell Okung is the first NFL player to get paid in bitcoin, but that’s not true. He gets paid in US dollars, and is then converting the money.

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Category: Us Dollar, Bitcoin

No. 1 NFL Draft Pick Trevor Lawrence Puts Bitcoin News

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Lawrence is the top overall pick in the 2021 National Football League. His signing bonus is estimated to be around $24 million. bitcoin , ethereum , and solana NFL player for Kansas City

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Bitcoin Has Brought Russell Okung Big Returns On NFL

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A common misconception is that the NFL is paying Okung’s salary in Bitcoin. That is not the case. Instead, half of Okung’s $13 million base salary— reportedly $6.5 million —was converted to Bitcoin through mobile payment firm Strike. With Okung’s Bitcoin purchased in December at prices of around $27,000, he would have ended up with around 240 BTC.

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Paid In Bitcoin: NFL Offensive Tackle Russell Okung

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NFL Announces New Salary Cap. Interestingly, Okung chose the perfect time to be paid in bitcoin, as the NFL informed teams on Thursday that there will be a salary cap this season at $180 million

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Giants Become NFL's First Team With Cryptocurrency Deal

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Giants star Saquon Barkley is part of the movement of athletes investing in Bitcoin. Russell Okung made NFL history as the first player to receive half of his $13 million salary in Bitcoin from

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NFL Players Who Chose Crypto Over Cash Salaries TechStory

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NFL players agreed to be paid in cryptocurrency. In a video posted on Twitter on Nov. 1, the reigning NFL MVP 2020 stated that he was collaborating with Cash App to collect a portion of his paycheck in Bitcoin. Rodgers is expected to earn $22.3 million this year. Rodgers was dressed as John Wick for a Halloween party in the video.

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Russell Okung Becomes First NFL Player To Be Paid In

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“Pay me in bitcoin” has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first tweeted that demand in May 2019, Okung will be the

Category: Us Dollar

Odell Beckham Jr.'s Bitcoinbased Contract With Rams Could

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Beckham is far from the first or only NFL player to get paid in Bitcoin, as players like Saquon Barkley, Aaron Jones and Trevor Lawrence have followed suit, too. Russell Okung of the Panthers was

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NFL Player Russell Okung To Receive Payment In Bitcoin

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Pay me in Bitcoin. — russ (@RussellOkung) May 14, 2019. After 20 months and a BTC price increase of 273%, Okung has become the first NFL player to receive payment in Bitcoin. His payment arrangement is handled by the Bitcoin startup, Zap, which was founded by Jack Mallers. The payment is made possible by their use of Strike, a product by Zap

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Nfl Player Archives – Bitcoin News

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Bitcoin News – Articles from nfl player tag. The Latest. MARKETS AND PRICES 2 hours ago These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

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NFL Player To Convert Salary To Bitcoin

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NFL player to convert salary to Bitcoin. 26 April 2021. 0. 0. 0. Source: Zap. Kansas City Chiefs tight end Sean Culkin announced today that the fifth-year player will earn 100 percent of his 2021

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NFL Players Archives – Bitcoin News

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Bitcoin News – Articles from NFL Players tag. The Latest. FINTECH 2 hours ago Report: Fintech Firms Received 62% of the $4.9 Billion Raised by …

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NFL’s OBJ Joins Growing List Of Players To Be Paid In Bitcoin

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Bitcoin Pay. OBJ is the latest NFL player to flock to bitcoin, but chances are he won’t be the last. The trend is catching on like wildfire. Green Bay Packers quarterback Aaron Rodgers recently

Category: Bitcoin

Odell Beckham Jr.'s Bitcoin Salary Conversion Has Been A

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A quick caveat: NFL players are paid in USD via weekly direct deposits, so it's not like the NFL paid him $750k on day one. And that's …

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Bitcoin Has Made Okung One Of NFL’s Highestpaid Players

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Bitcoin's meteoric rise has made Russell Okung one of the NFL’s highest-paid players. Free agent Russell Okung made an unusual request while playing for the Carolina Panthers last season, asking to convert half his $13-million salary into Bitcoin. The Panthers obliged, making Okung the first athlete in a major American sport to be compensated

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Darren McFadden's Manager Cost Him $237 Million In Bitcoin

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NFL running back Darren McFadden alleged a financial advisor wrongfully took $3 million from him relating to a #Bitcoin venture. Had it …

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NFL Star Wide Receiver Odell Beckham Jr. To Be Paid In

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New wide receiver for the L.A. Rams, Odell Beckham Jr., has announced that he'll take Bitcoin for his full NFL salary this season. OBJ joins Green Bay's Aaron Rodgers and the Jaguars' Trevor

Category: Blockchain

Bitcoin (BTC): NFL’s Okung To Get 50% Of $13 Million

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NFL’s Russell Okung to Get 50% of His $13 Million Salary in Bitcoin Russell Okung has long been a proponent of the cryptocurrency. Photographer: Jacob Kupferman/Getty Images North America

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Russell Okung’s Bitcoin Investment Is Paying Off

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Bitcoin will restructure the world financial system in a way that is sustainable. — russ (@RussellOkung) March 13, 2021 Okung, 32, was the No. 6 overall pick in 2010 by the Seattle Seahawks.

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Former Seattle Seahawk Russell Okung Puts Half Of Salary

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An NFL first: #Panthers OT Russell Okung will receive half of his $13M in salary in Bitcoin. As part of a partnership with @in_strike and thanks to creative payroll solutions from the #Panthers, @russellokung will fulfill the goal he set when he tweeted â Pay me in Bitcoin!â — Ian Rapoport (@RapSheet) December 29, 2020

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Frequently Asked Questions

Who is the first NFL player to get paid in Bitcoin?

Okung became the first player in the NFL to get paid in Bitcoin. According to the official announcement, Okung converted $6.5 million of his NFL salary into Bitcoin through BTC payments startup Zap. Okung has been a great supporter of digital currency as he tweeted in May 2019 that he wanted to be paid with the world’s largest cryptocurrency.

Will Chiefs'Sean Culkin be first NFL player to convert salary to bitcoin?

KANSAS CITY, Mo. -- If he makes the Kansas City Chiefs ' roster to begin this season, tight end Sean Culkin will be the first NFL player to convert all of his salary to Bitcoin. Culkin, who is vying to be a backup behind starter Travis Kelce, would be paid his $920,000 salary by the Chiefs in U.S. dollars but in turn will convert it to Bitcoin.

How much of Russell Okung's NFL salary was converted to bitcoin?

According to the official announcement, Okung converted $6.5 million of his NFL salary into Bitcoin through BTC payments startup Zap. Okung has been a great supporter of digital currency as he tweeted in May 2019 that he wanted to be paid with the world’s largest cryptocurrency.

Which NFL players have accepted cryptocurrency payments?

Beckham joined a roster of NFL players who have accepted payment in cryptocurrency or who have converted portions of their salaries, including Saquon Barkley, Trevor Lawrence and Russell Okung.

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