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Odell Beckham Jr. to recieve 100% of his salary in Bitcoin
The Los Angeles NFL star Odell Beckham Jr announced Monday that he will receive his new salary on the Los Angeles Rams entirely in Bitcoin.
The wide receiver said he will accept his salary in Bitcoin
The wide receiver shared in a tweet Monday that he will accept his salary in Bitcoin as part of a deal with Square Inc.-backed mobile payment service Cash App. He tweeted, "It's a NEW ERA & to kick that off, I'm hyped to announce that I'm taking my new salary in Bitcoin, thanks to @CashApp," and ended his tweet by announcing a $1M Bitcoin giveaway, writing, "To all my fans out there, no matter where u r: Thank you! I'm giving back a total of $1M in BTC rn too. Drop your $cashtag w #OBJBTC & follow @CashApp NOW."Odell Beckham Jr is the latest NFL athlete to announce he will be paid in Bitcoin, which could earn him up to $4.5 million in BTC in a year. He is not the first NFL athlete to do so. Earlier this year, Aaron Rodgers shared that he would be taking a portion of his salary in BTC as part of a partnership with Cash App. Rodgers reportedly earns a salary of $33.5 million, and his 4-year contract with the Packers is worth $134 million.
Athletes seem to be interested in the crypto industry
Athletes and teams around the world seem to be interested in the crypto industry. In addition to Beckham and Rodgers, Sean Culkin and Saquon Barkley also followed Russel Okung's move last year. In September 2021, quarterback legend Tom Brady hinted that he is interested in getting paid in Bitcoin.Square Inc's digital wallet, called Cash App, allows users to send and receive money, invest in stocks and trade Bitcoin. The fintech company is very optimistic about Bitcoin and has worked with many athletes to get its message out to the masses. Another example of this is a commercial featuring Formula 1 driver Max Verstappen explaining Bitcoin to his fans.
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