Express

Half Of NFL Star Russell Okung's $13 Million Annual Salary Will Be Paid In Bitcoin

Mary Liu

Summary: Russell Okung, a famous National Football League (NFL) player tweeted in May 2019: "Pay me in Bitcoin". His wish will come true soon. Russell Okung will become the first athlete in a major American sports league to use Bitcoin to receive an annual salary, according to Coindesk. The agreement is implemented by the Bitcoin startup Zap, ...

Russell Okung, a famous National Football League (NFL) player tweeted in May 2019: "Pay me in Bitcoin".

His wish will come true soon. Russell Okung will become the first athlete in a major American sports league to use Bitcoin to receive an annual salary, according to Coindesk. The agreement is implemented by the Bitcoin startup Zap, which founded by Jack Mallers, whose product Strike can convert traditional wages into BTC.

Mallers stated that Okung’s $13 million annual salary will be divided between Bitcoin and fiat at a 50:50 ratio. He also revealed that other professional athletes, including members from the Brooklyn Nets and the baseball New York Yankees, have also begun to join the program. Bitpush previously reports that Okung has invested in Bitcoin payment application Fold.

By Mary Liu

Last Update:

Tags: ,,,,,
Link: Half Of NFL Star Russell Okung's $13 Million Annual Salary Will Be Paid In Bitcoin   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago
  • You need to login to comment.