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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 …

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

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Sean Culkin was the first NFL player to publicly announce plans to invest his entire 2021 salary into Bitcoin. Culkin was picked up by the Chiefs on a reserve/future contract in February. The

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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 …

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Trevor Lawrence Gets Paid In Bitcoin, Signs Contract With

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Multiple NFL players have already decided to turn their salaries into bitcoin immediately Offensive tackle Russell Okung received half of his $13 million salary for the 2020 season in Bitcoin.

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How Many NFL Players Receive Salary In Bitcoin? Odell

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At this point, having been out of the league since his bitcoin-laden contract ended, Okung's time in the NFL appears to have drawn to a close. #3 - …

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NFL Player Odell Beckham Jr. Is Taking His Salary In Bitcoin

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NFL wide receiver Odell Beckham Jr. is taking his new salary in bitcoin. The player also plans to give away $1 million worth of the crypto to fans who comment on his tweet. "It's the start of a

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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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Russell Okung Considered The Highest Paid Player In The

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The 32-year-old is the first NFL player to have a portion of his contract paid out in Bitcoin. Okung was traded to the Panthers from the Los Angeles Chargers in March. You’ll also enjoy these posts

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NFL Star Russell Okung's Massive Bitcoin Contract Gamble

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The spike in bitcoin has resulted in the original value of the contract to blow out past $27 million, which means Okung has doubled his investment and made back what he …

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NFL: Russell Okung Won't Have Half Of Salary Paid In Bitcoin

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On Tuesday, it was reported that half of Okung’s $13 million salary will be paid in bitcoins, according to Ian Rapoport of NFL Network. An NFL first: …

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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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7 Current Pro Athletes Paid In Bitcoin & Crypto (2022)

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Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisers, or hold any relevant distinction or title with respect to investing. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.

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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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Panthers' Russell Okung Becomes First NFL Player To Be

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He has become the first NFL player to have part of his contract paid in the cryptocurrency Bitcoin. Okung's setup comes via Zap, which is a bitcoin app that was founded by Jack Mallers. Zap's

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Russell Okung Becomes First NFL Player With Contract Paid

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Russell Okung Will Become The First NFL Player To Have His Contract Paid Out In Bitcoin. by: Brendon Kleen December 29, 2020. The NFL

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Category: Us Dollar

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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NFL Star Odell Beckham Jr To Take Full Salary In Bitcoin

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The receiver is the latest NFL athlete to announce being paid in bitcoin, a move that could make him up to $4.5 million in BTC in one year. Earlier this month, Green Bay Packers legend quarterback Aaron Rodgers shared that he would take a portion of his salary in BTC through a partnership with Cash App. Rodgers reportedly earns a salary of $33.5 million, and …

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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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Six Months Ago Russell Okung Converted Half His NFL Salary

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So, in 2016 Russell was in-line for a big new deal. In early 2016, comparable players used their agents to lock down five-year $50-60 million contracts that came with big signing bonuses and

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NFL Draft: Trevor Lawrence To Be Paid In Cryptocurrency

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I will be converting my entire 2021 NFL salary to #Bitcoin. — Sean Culkin (@culkin22) April 26, 2021 In 2021, that means $920,000 in Bitcoin, or nearly 17 Bitcoins with Monday afternoon prices.

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NFL Star Odell Beckham Jr To Receive 100% Of Salary In Bitcoin

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LA Rams player Odell Beckham Jr has teamed up with the popular crypto wallet Cash App to receive 100% of his salary in Bitcoin. Beckham Jr took to Twitter to update his 4.

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7 NFL Players Who Switched To Crypto By Coinscapture

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With the rising profitability and popularity of Bitcoin, the following 7 NFL players agreed to be paid in Cryptocurrencies or have a portion of their money swapped to Crypto. 1. Aaron Rodgers:

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Russell Okung Contract: NFL's Bitcoin King Earned $108M In

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The NFL player said he wants to be paid in Bitcoin The Panthers said he was paid in U.S. dollar instead Russell Okung’s total career earnings have reached $108.5 million in his 11 seasons in …

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Former Seattle Seahawk Russell Okung Puts Half Of Salary

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With this news hitting the airways now, you can expect other players to try and get a portion of their contracts paid in Bitcoin as well. The 32-year-old Okung is the first NFL player to have a portion of his contract in Bitcoin.

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A Year Ago Russell Okung Converted Half His Salary To

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At the time he made this announcement, Okung was playing under a $13 million contract with the Panthers. Okung made his Bitcoin salary conversion …

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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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Matt Barkley Tried To Get A New Contract In Bitcoin NFL.com

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NFL Quarterback @MattBarkley tried to get the San Francisco 49ers and Cincinnati Bengals to each pay his contracts in Bitcoin. Neither would do it. Matt is just one of many Bitcoiners that are

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NFL Lineman Russell Okung Isn't Getting Paid In Bitcoin

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NFL Lineman Russell Okung Isn’t Getting Paid in Bitcoin. -Offensive lineman Russell Okung has become the first NFL player to be paid in bitcoin. -Okung originally tweeted in May 2019 that he wanted his contract to be paid in BTC. The National Football League’s Russell Okung has seemingly misled several publications and users into believing

Category: Us Dollar, Bitcoin

An NFL Player Is Receiving Half Of His Contract In Bitcoin

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Okung will become the first player in any American major pro sports league to be paid in Bitcoin, the decentralized digital currency.Half of Okung’s $13 …

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The NFL Is Leading The Pack In Cryptocurrency Adoption

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Crypto Adoption in The NFL. Many sports clubs are already taking payments for in-stadium services by accepting decentralized currencies like Bitcoin and Ethereum. Now franchises can pay both their players and coaching staff in crypto. A week ago, Pro football player Russell Okung tweeted that he had been paid in crypto. Paid in Bitcoin. https

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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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NFL Player Russell Okung 'paid In Bitcoin' As Price Nears

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NFL player ‘paid in Bitcoin’ as price nears $30,000. Carolina Panthers offensive tackle Russell Okung boasted on Tuesday that he is now receiving half of his $13 million NFL salary in Bitcoin

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Russell Okung To Receive Half Of His $13 Million Contract

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Super Bowl winner and two-time NFL Pro Russell Okung will receive half of his contract salary in Bitcoin. Using the Lightning Network, Okung's team will convert his salary directly into BTC. Okung will receive $7.5 million in BTC, likely making him the first pro athlete to do so. promo. Level Up with Bybit – Deposit $100 and Win 1 ETH Deposit

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Odell Beckham Jr To Convert Rams Salary Into Bitcoin In

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The NFL wide receiver said Monday that he has inked a partnership with Cash App to convert his entire new contract into bitcoin. Beckham, who was released by the Cleveland Browns earlier this

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Panthers OT Okung Receives Half Of Salary In Bitcoin

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Okung is the first NFL player to ever be paid via Bitcoin. Okung confirmed on Tuesday he will receive half of his 2020 salary in Bitcoin, becoming the first player from any major U.S. sports

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NFL Star Aaron Rodgers Gives Ringing Endorsement Of Bitcoin

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National Football League superstar Aaron Rodgers all his future endorsement money in bitcoin, while several other NFL players have also said they year contract worth $134 million with the

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Russell Okung To Be 1st NFL Player Paid In Bitcoin; $6.5M

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The 32-year-old is the first NFL player to have a portion of his contract paid out in Bitcoin, but he isn't the first from a major American sports league to explore the idea.

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Trevor Lawrence Signs Endorsement Deal With Cryptocurrency

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Bitcoin, which was worth less than $10,000 at the start of 2020, tripled in value over 2020 and now is trading at roughly $53,000 a coin. Companies such as Tesla now accept the currency as a form

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Russell Okung To Become First NFL Player Paid In Bitcoin

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Carolina Panthers offensive lineman Russell Okung is set to become the first NFL player to have their salary paid in Bitcoin. Half of the two-time Pro Bowler's $13 million contract will be paid in

Category: Us Dollar, Bitcoin

NFL Players Investing In Crypto Is ‘only Going To Grow

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NFL players are increasingly showing sponsorships — and even giving away free bitcoin — curiosity about crypto investing and …

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Why Are Athletes Demanding Bitcoin Bitcoin Magazine

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Bitcoin’s price has more than doubled since then, meaning he has made a large profit. His total salary including bitcoin profit would make Okung one of the highest paid offensive tackles in the NFL and one of the top 25 highest paid players! Not Paid In Bitcoin Directly. To reiterate, Okung’s salary was not paid directly in Bitcoin.

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NFL Star Odell Beckham Jr. To Take His Full Salary In BTC

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NFL Star Odell Beckham Jr. to take his full salary in BTC. Odell Beckham Jr, a wide receiver with the Los Angeles Rams, will get his new pay entirely in Bitcoin. In his one-year contract with the Rams, the receiver may earn up to $4.5 million in BTC. The player was released by the Cleveland Browns earlier this month.

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Tom Brady Elated Over Odell Beckham Jr.'s Contract Decision

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Green Bay Packers quarterback Aaron Rodgers announced he, like Beckham Jr., had paired up with Cash App to have a percentage of his salary paid to him in Bitcoin in October. Another NFL player who

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NFL Teams Up With Dapper Labs Coin Rivet

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NFL veteran Russell Okung, a proud crypto-head, led a Bitcoin meetup for beginners back in 2019 and was vocal about the potential of Bitcoin in sports. Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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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.

How did Russell Okung get half of his NFL salary in Bitcoin?

Carolina Panthers offensive tackle Russell Okung boasted on Tuesday that he is now receiving half of his $13 million NFL salary in Bitcoin. The arrangement involves Okung using a startup that converts payroll direct deposits into cryptocurrency and comes as Bitcoin shatters new price records.

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.

Could Okun Okung be the first NBA player to receive Bitcoin?

Okung could be the first of numerous athletes to receive salary via Bitcoin, per Zap founder Jack Mallers. Players from both the Brooklyn Nets and Yankees have reportedly shown interest in using the product, though it is unclear whether such a payment plan would be approved by the NBPA or MLBPA.

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