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By next week it will be 6 millionComment -
Well, HODL I guess.
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He didn't get NFL signing bonus in crypto. Just the bonus with the crypto company he signed withComment -
Trevor Lawrence shoots down erroneous report he lost $24 million NFL rookie signing bonus to cryptocurrency crash
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Almost everything now untrue Internet everyone looking for attention
Internet based off click and baitComment -
I never heard of this before this
Rodgers and obj both big in cryptoComment -
Buy the dip bitchComment -
He might as well have gotten paid in pubes.
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Thread title says $9 LOL. Yes, $9 million is humongous drop from $24 million, but most humans can get by with 9M.Comment -
Still not true. His signing bonus from Jaguars was paid in cash.
His signing bonus for his endorsement deal with Blockfolio app was paid in crypto. It shouldn't be a lot of crypto as no one gives you up front a ton of money for an endorsement.
Even if the crypto he was paid lost value he can take it as a tax loss to lower his taxes or if he wants he has cash reserves to buy low now and average down his crypto investment and sell later when it goes up.Comment -
Maybe read the full story before posting false information
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Fake news like usualComment -
fake newsComment -
CNN taking heat for this. The usual.Comment -
The guy who wrote that article has the face of a 12-year-old and the body of a 50-year-old.
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If you cant LOSE with the big Dogs stay on the porch!!
Trevor's tolerance for risk is higher than mine!! But He is very young and has years to make that shit back!!Comment -
Fake news everywhere nowComment -
Athletes taking cryptos as full payment, partial payment or endorsement money.
Aaron Rogers
We might as well start arguably with the most famous athlete on this list. The four-time MVP quarterback of the Green Bay Packers tweeted out in 2021 that he was converting a portion of his salary in Bitcoin. He didn’t reveal exactly how much, but he recently signed a new four-year, $134 million contract. We’re guessing there’s a sizable budget for “crypto investments.”
Lionel Messi
It wasn’t that long ago that imagining Lionel Messi is anything other than a Barcelona jersey would have been unthinkable. However, the living legend ended up making a huge move to Paris Saint-Germain in 2021. Although the exact terms of his two-year contract weren’t made public, he’s likely one of the highest paid athletes on the planet.
A portion of Messi’s new PSG contract will be paid in “$PSG Fan Tokens.” The club declared it was a “world first.” So what exactly are these tokens? They are a type of cryptocurrency that gives holders access to certain club benefits, like voting and rewards. The market capitalization value of the tokens is around $52 million. The value of a single token surged to over $60 when PSG announced the Messi signing. So just how many of these tokens does Messi own?
Saquon Barkley
New York Giants running back Saquon Barkley is interested in creating generational wealth. With the self awareness that the average NFL career isn’t very long — especially for running backs — Barkley announced in 2021 that all of his endorsement deals will be paid in 100% Bitcoin. Interestingly enough, that doesn’t include his main salary from the Giants.
“We’re seeing inflation and we’re learning you can’t save wealth. That’s why I am going to be taking my marketing money in Bitcoin,” said Barkley on the Best Business Show with Anthony Pompliano, according to TheStreet.com.
“You see where you are able to go on the draft board and you know that you can break that curse in your family, of creating wealth in your family. You start thinking what can I do and what is the safest way. Obviously, I want to be more than a football player,” Barkley added.
Barkley has endorsement deals with Nike, Toyota, and Pepsi, plus numerous other smaller deals.Klay Thompson
Klay Thompson has obviously been discussing his finances with Andre Iguodala, his Golden State Warriors teammate. Thompson, one half of the so-called “Splash Brothers” alongside Steph Curry, made an identical announcement as Iguodala. In fact, he even posted it on social media on the very same day – January 10, 2022.
You’ve heard the details before. He’s accepting a portion of his paycheck in Bitcoin and partnering with CashApp to give away a million dollars worth of the cryptocurrency itself. Unlike his teammate’s relatively small salary, though, Thompson will earn almost $38 million in the 2021-22 season, and more than $40M in 2022-23.
At least if his crypto investment doesn’t turn out, he should still have plenty of the five-year, $189 million contract he signed in 2019 left over to pay his bills.Shohei Ohtani
On the baseball field, Shohei Ohtani is Must See TV. The Japanese superstar is doing something that hasn’t been accomplished since Babe Ruth, excelling both as a pitcher and a power hitter. The runaway American League MVP in 2021, Ohtani is diversifying his assets in the same way he’s diversified his baseball skills.
In late 2021, Ohtani announced he was partnering with cryptocurrency firm FTX Trading. The deal includes payment in cryptocurrency, as well an equity stake in FTX. It should be noted that Ohtani’s actual baseball salary is still being paid wholly in U.S. dollars by the Los Angeles Angels. Even still, FTX is hoping to use Ohtani’s crossover international appeal as an official ambassador to expand their reach into the Asian market.
Tom Brady and his supermodel wife Gisele Bundchen have a similar deal with FTX.
Last edited by raiders72001; 06-24-22, 10:33 AM.Comment -
Ouch if true, well on a bright note he's got a good tax write off now from those losses for the year.
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Don't worry, he'll lose real money once he gets divorced. Why this guy got married so young is a very bad move.
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Please dont believe what is being spewed on barstool by that idiot.
This story isn't true.Comment -
Well you have to cash out for those losses to take effect. If he just leaves it all in and waits it out for a few years just maybe Bitcoin rebounds again and he doesn't take a loss after all.Comment -
this is why fake news is so effective
a thread full of people pointing out the fake news and an internet full of real info.
Jimmmy still comes in here all Waltery and buys it all!Comment -
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It's a true story, he's just trying to cover it up now to save face.Comment
