Trevor Lawrence, the NFL quarterback has become the latest pro-athlete to join the growing cryptocurrency league after he signed a multi-year endorsement deal with crypto investment app Blockfolio. The endorsement deal would be paid in crypto-assets and Lawrence has already made a profit on his signing bonus paid out on Friday as crypto markets bounced back strongly today.
We're excited to announce our partnership with football star, @Trevorlawrencee! The world of sports and crypto will never be the same. pic.twitter.com/8KC3ZHHagu
— Blockfolio (@blockfolio) April 26, 2021
Blockfolio CEO Sina Nadar said,
“We believe that Trevor is the future of football and we think that crypto is the future of finance. Trevor represents a lot of the promise and potential of football at the highest level, and we think that crypto represents the same thing at the highest level of finance.”
The endorsement deal is also said to be one of the biggest in terms of crypto signing bonus payout consisting of Bitcoin, Ethereum, and Solana. While most of the pro-athletes including Russell Okung have chosen Bitcoin as the sole cryptocurrency investment, Lawrence said he wanted to have a long-term crypto partner to manage his crypto portfolio. He said,
“I’m excited to be joining the Blockfolio team, When it comes to my crypto portfolio, I wanted a long-term partner in the space that I could trust.”
NFL Star Sean Culkin to Get Entire 2021 Salary in Bitcoin
Okung made headlines earlier this year after he announed that he would accept his payment in Bitcoin when the top cryptocurrency was trading for $27,000 and has already doubled within three months of his payment. Today another NFL star and a Bitcoin proponent Sean Culkin announed that he would be converting his entire 2021 NFL salary into Bitcoin.
I fully believe Bitcoin is the future of finance and I wanted to prove that I have real skin in the game — not just trying to make a quick buck. I will be converting my entire 2021 NFL salary to #Bitcoin.
— Sean Culkin (@culkin22) April 26, 2021
The most interesting aspect of these pro-athletes joining the Bitcoin league is not just for the sake of PR, both Culkin and Okung have shown great understanding of the idea behind Bitcoin and have also revealed that they have no plans of selling their Bitcoin holding for the sake of making quick money.
- Bitcoin Treasuries Add Nearly $1B BTC This Week as Holdings Cross 1M BTC
- Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally To New ATH
- Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
- Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
- World Liberty Financial Discloses Reason for Blacklisting 272 Wallets
- HBAR Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%
- Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
- XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut