Close Menu
  • Sports News
  • Cricket
  • Football
  • MLB
  • MMA
  • NBA
  • NFL
Facebook X (Twitter) Instagram
SportsNewsSportsNews
  • Sports News
  • Cricket
  • Football
  • MLB
  • MMA
  • NBA
  • NFL
SportsNewsSportsNews
Home»Football»Odell Beckham Jr. Is Investing In Bitcoin: Is This A Pattern In NFL? – Stomach Up Sports activities

Odell Beckham Jr. Is Investing In Bitcoin: Is This A Pattern In NFL? – Stomach Up Sports activities

Sports EditorBy Sports EditorJanuary 6, 20256 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Odell Beckham Jr. Is Investing In Bitcoin: Is This A Pattern In NFL? – Stomach Up Sports activities
Share
Facebook Twitter LinkedIn Pinterest Email


Each skilled athlete loves a great funding, particularly NFL gamers. Why? Nicely, initially, soccer is a harmful sport and with a view to be on the best stage, it’s worthwhile to be in your prime.

Secondly, accidents occur quite a bit, and these accidents can put athletes on the bench for years, and for some, these accidents imply an finish to their careers. So, sure, they is perhaps incomes some huge cash by wage, but it surely doesn’t final lengthy.

The truth is, the common profession within the NFL is round 3.3 years, which pushes athletes to put money into one thing that can proceed to offer a steady revenue after their skilled profession is over.

One of many issues is Bitcoin. With massive monetary establishments equivalent to Blackrock and a brand new pro-crypto authorities within the US, investing on this ‘speculative’ asset has turn into the brand new regular.

Plus cryptocurrencies are coming into the world of sports activities, and we’ve already seen crypto sports activities betting, and the following factor is to witness the transformation of the leagues on the Blockchain.

That’s why we’re seeing stars like Odell Beckham Jr. (OBJ) with some daring strikes of changing his NFL wage into Bitcoin. So, what’s the cope with all of the athletes now investing in Bitcoin?

Let’s discover out.

OBJ’s Massive Bitcoin Transfer

We now have handy it to OBJ simply because he made a daring transfer that introduced him hundreds of thousands of {dollars}. How?

Nicely, he was one of many first athletes within the NFL who publicly confirmed curiosity in crypto, and he introduced that he would take his total $750,000 wage from the Los Angeles Rams and convert it to Bitcoin.

Sure, fairly a daring transfer, particularly in 2021, when issues began to go down, and abruptly everybody misplaced curiosity in Bitcoin.

He did this by partnering with Money App, making him one of many highest-profile athletes to publicly embrace crypto compensation. At the moment Bitcoin was value round $60,000. Sounds nice, proper?

Nicely, right here’s the plot twist: Bitcoin’s worth crashed shortly after, sinking to round $16,000 by the tip of 2022. Meaning OBJ’s preliminary $750,000 payout shrank to roughly $240,000 earlier than taxes.

And talking of taxes, let’s not overlook that the IRS nonetheless thought-about his full $750,000 as taxable revenue, leaving him with even much less after Uncle Sam took his minimize.

However in 2024, Bitcoin has made an enormous comeback, hovering previous $100,000, which signifies that this funding was confirmed proper.

bitcoin

Is OBJ Alone within the Crypto Recreation?

This transfer, and a few others impressed different NFL athletes to do the identical. There are lots of those that transitioned to cryptocurrencies.

First, we’ve Russell Okung, who has transformed half of his $13 million wage into Bitcoin, and he made hundreds of thousands together with his transfer. All of us keep in mind his well-known publish on X “Pay me in Bitcoin”!

Subsequent, we’ve Aaron Rodgers, who didn’t particularly say that he’s transferring his wage into Bitcoin, however he mentioned that he’ll obtain a part of his wage right into a digital coin after he partnered
with Money App.

Trevor Lawrence additionally acquired his total signing bonus in cryptocurrencies, not simply Bitcoin but in addition Ethereum and Solana.

OBJ might need grabbed the headlines, however he’s removed from the one NFL participant to leap into the crypto waters.

A rising variety of athletes are seeing digital currencies as a official method to construct wealth and monetary independence. Listed here are a number of notable names:

Lastly, Saquon Barkley – The New York Giants working again has made the identical transfer of changing his wage into Bitcoin. He’s changing all his endorsement cash (we’re speaking hundreds of thousands) into Bitcoin, aiming to create “generational wealth.”

Clearly, OBJ is in good firm. The development of NFL gamers exploring crypto is not a curiosity – it’s turning into mainstream.

This implies that extra athletes will observe their path, particularly after seeing their success tales.

Why Are NFL Gamers So Into Bitcoin?

Nicely, we’ve seen their positive factors, and individuals who perceive how this know-how works know the advantages that come from it. Athletes use Bitcoin or different cryptocurrencies to convey their monetary freedom since Bitcoin operates outdoors conventional banking techniques.

On prime of that, it’s a good safety towards inflation, particularly in a bull market the place Bitcoin is breaking all-time highs each week.

However it’s a high-risk, high-reward asset and we should think about the volatility. However gamers which have a long-term imaginative and prescient, are investing in Bitcoin considering that it will likely be value much more cash sooner or later.

Is This Pattern Right here to Keep?

The massive query: will extra NFL gamers proceed to undertake Bitcoin? All indicators level to sure. As crypto turns into extra mainstream, youthful gamers, who’ve grown up in a digital world, are extra open to embracing it.

Plus, with corporations like Money App and Blockfolio making it simpler than ever to receives a commission in Bitcoin, the obstacles to entry are decrease.

So, we count on this development to develop sooner or later as athletes are in search of monetary freedom they usually wish to have their cash on a decentralized community fairly than a financial institution

Ensure to go to Stomach Up Sports activities for extra sports activities content material and leisure.

Each skilled athlete loves a great funding, particularly NFL gamers. Why? Nicely, first of all, soccer is a harmful sport and with a view to be on the best stage, it’s worthwhile to be in your prime.Secondly, accidents occur quite a bit, and these accidents can put athletes on the bench for years,of cash by one thing that can proceed to offer a steady revenue after their skilled profession is over.One of many issues is Bitcoin. With massive monetary establishments equivalent to Blackrock and a brand new pro-crypto authorities within the US, investing on this ‘speculative’ asset has turn into the brand new regular.Plus cryptocurrencies are coming into the world of sports activities, and we’ve already seen crypto sports activities betting, and the following factor is to witness the transformation of the leagues on the Blockchain.



Information Supply hyperlink

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Spain into UEFA Nations League after 5-star efficiency towards France

June 6, 2025

Patrick Mahomes Exhibits Off No-Look Move In Apply

June 6, 2025

Deadspin | Free agent RB J.Ok. Dobbins visits Broncos

June 6, 2025

Lamine Yamal points Ballon d'Or response after MVP efficiency

June 6, 2025
Exclusive

Two individuals injured in capturing at Philadelphia Eagles' Tremendous Bowl parade

February 14, 2025

Kevin Garnett Compares Luka Doncic to Kobe Bryant, LeBron James

February 11, 2025

Prime 5 bowlers with most wickets in pink-ball Checks ft. Mitchell Starc

December 4, 2024

Orioles Are Reportedly Eyeing Free Agent Pitcher

January 1, 2025

Zimbabwe vs Eire Match preview 2nd ODI

February 15, 2025

49ers Present Updates On Brock Purdy, Trent Williams, Nick Bosa

November 30, 2024

IND vs ENG 2025: Pitch Report for the third ODI, Narendra Modi Stadium ODI Stats and Data

February 11, 2025

Welcome to SportsNews – your daily destination for the latest updates, rumors, and predictions in the world of sports. Whether you're passionate about football, Cricket, WWE, MMA, basketball, or baseball, we’ve got you covered with real-time news and insights that matter. Dive into our coverage of your favorite teams and players, and stay in the know with expert analysis and trending topics.

Join our community of sports enthusiasts today for your one-stop source of sports and entertainment!

Oklahoma and USC are Going Backwards – Stomach Up Sports activities

November 13, 2024

NFL 2025 Free Company Tracker – Stomach Up Sports activities

March 11, 2025

Excl: 4 Premier League golf equipment and Atletico Madrid serious about Nigeria star

May 29, 2025

AUS vs IND: Ravichandran Ashwin displays on his riveting duels with Steve Smith forward of BGT 2024-25

November 14, 2024

'Sunny is throwing haymakers excessive' – Aaron Finch on Gavaskar’s dig at Josh Hazlewood forward of Pink Ball Check

December 5, 2024

IPL 2025 [WATCH]: Vaibhav Arora roars with ardour after shattering Sanju Samson’s stumps with a lethal yorker throughout RR vs KKR conflict

March 26, 2025
  • HOME
  • About us
  • DMCA Policy
  • Privacy Policy
  • Contact us
© 2025 Sports News. Designed by 8881199

Type above and press Enter to search. Press Esc to cancel.