We already know of at least 7 professional athletes that this is how they think about securing their wealth by the time their professional careers end.
2021 was a great year in more ways than one. For NFL fans, it was heartwarming to see the overflowing stadium parking lots again and the crowds grilling from the trunks inside.
Bitcoin investors can’t complain either, as the market capitalization saw several highs, finally surpassing 69.000 USD in early November.
Last year, seven NFL players also decided to request their salaries in crypto, or at least to turn a part of their cash salary into crypto.
On the 1st of November, 2021, he announced his partnership with Cash App in a Twitter post, which will see a portion of his salary go to a Cash App account, which will be used for BTC purchases.
He has not yet announced that the NFL will pay him in Bitcoin, but the FTX exchange will certainly transfer his compensation in crypto after he acquired a share in the Sam Bankman-Fried exchange and will act as a brand ambassador. In April, he launched his own NFT platform called Autograph.
following in the footsteps of Aaron Rodgers, announced in late November that he would become a Cash App partner to receive his salary from the NFL in Bitcoin.
The new star quarterback for the Jacksoville Jaguars hasn’t signed a deal with the NFL, but has instead signed a deal with crypto portfolio app FTX. He joins the previously mentioned superstars who publicly accept cryptocurrencies.
In July, 2021, he announced that he was switching all his funding to BTC. Barkley said in a statement on 15 July that he was motivated to buy BTC by the fact that his post is frequently injured, that he has to miss a year or two because of it and so cannot build generational wealth.
Unlike the above players who only convert a portion of their income into crypto, he converts his entire salary. In a Twitter post, he shared with his followers that he fully believes Bitcoin is the future of finance and not just a way to make a quick buck, so he’s converting his entire NFL salary of 2021 to Bitcoin. Like Saquon Barkley, he cites the fact that on average, most athletes only spend 3.3 years in the NFL as his reason.
“Given my career – especially the physical demands and the shortness – it makes the most sense to be paid in reliable money, which I believe will preserve its value over time.”
Signed with FTX to become an ambassador for the exchange in September. Like Tom Brandy, he has bought shares in FTX. Jones is integrating FTX Pay on his own charity’s website to accept crypto donations.
The above does not constitute financial advice. Read the whitepaper, review the roadmap, open Blockchain Explorer and use your own judgement when investing.
See you later,