Odell Beckham Jr. is the wide receiver for Los Angeles Rams football. He has stated that he will be investing all of his $4.25m National Football League salary in Bitcoin.
Beckham posted a Nov. 22 tweet to his Twitter account that he was partnering with Cash App in order to receive his next NFL salary (BTC) in Bitcoin. Ian Rapoport, National Insider reporter, stated earlier this month that Beckham would earn a $750,000 salary base plus a $500,000 signing bonus and $3 million in incentives totaling $4.25million for the 2021 season.
It’s a NEW ERA and to celebrate it, I’m excited to announce that my new salary will be in bitcoin thanks to @CashApp. TO ALL MY FANS OUT THERE, irrespective of where you are: THANK YOU! I am giving back $1M in BTC, rn also. Drop your $cashtag w. #OBJBTC & follow @CashApp NOW pic.twitter.com/ds1IgZ1zup
— Odell Beckham Jr. (@obj), November 22, 2021
Cointelegraph Markets Pro data shows that Beckham’s salary would amount to approximately 75.66 BTC at a price of $56,103 as of the publication date. Although the cryptocurrency asset hit an all-time high of $69,000 on Nov. 10, its value has fallen to below $60,000.
Beckham currently plays for the Rams in Los Angeles. He currently has a CryptoPunk-style profile picture on Twitter. After Crypto.com signed a $700m deal to rename the arena, the Staples Center in the city has been the target of social media celebrities and fans.
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Beckham joins other professional athletes who embrace crypto as it becomes more mainstream. In October, Tampa Bay Buccaneers quarterback Tom Brady said he would be compensating the fan who held his 600th-career-touchdown football with 1 BTC along with some signed sports memorabilia. Green Bay Packers quarterback Aaron Rodgers, who was recently in the national spotlight for lying to the public about his COVID-19 vaccination status, also claimed he would be receiving a portion of his $22million salary in BTC.