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TL;DR Breakdown:
- Aaron Rodgers of Green Bay Packers now accepts part of his salary in Bitcoin.
- He also gave away $1 million in Bitcoin to his fans to make the “future of money” accessible to them.
- The sports-crypto connection is getting much stronger.
Green Bay Packers quarterback, Aaron Rodgers, has joined the growing list of sportsmen who are currently accepting part of their salary in digital currencies.
Aaron Rodgers joins Bitcoin Bandwagon
In an Instagram post on Monday, the reigning National Football League (NFL) superstar disclosed that part of his salary for this season would be paid in Bitcoin (BTC), following his partnership with Cash App, a mobile payment service affiliated with Square Inc., which also allows users to buy and sell Bitcoin.
Rodgers believes Bitcoin is the future of money, which is why he’s excited about accepting his salary with it. The Packers’ quarterback has reportedly earned more than $256 million since his career began in 2005. For this season, he’s expected to earn about $22 million as per Over the Cap.
“I’m excited about Bitcoin because it’s the future of money; it’s valuable, super secure, and no one can mess with it. That’s why I’m teaming up with Cash App to take a portion of my salary in bitcoin today,” the Instagram post reads.
Aaron Rodgers also gave away $1 million in Bitcoin to his fans to make the cryptocurrency accessible to them.
Sportsmen in Crypto
The interest and adoption of cryptocurrency in the sporting world have gotten even stronger since 2021, from sponsorships to fan tokens, salary payments in cryptocurrencies, etc.
On June 18, Cryptopolitan reported that the Canadian Elite Basketball League planned to start paying players a portion of their salaries in Bitcoin. Football legend Lionel Messi also got some of his welcome packages to Paris Saint Germain (PSG) paid in the club’s native cryptocurrency, $PSG.
Last month, Alex Crognale reportedly became the first professional football player to start accepting part of his salary in Bitcoin.
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Ibiam Wayas
Ibiam Wayas has covered the crypto news beat since 2019. He studied Computer Science at National Open University of Nigeria. His work has appeared on various crypto news platforms, including Coinfomania, Crypto News Australia, and AltcoinBuzz. Drawing on his background in Computer Science, he now focuses on crypto, robotics, and longevity news.
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