Aaron Rogers, Russell Okung, Tom Brady, Paid Athletes Or True Believers In Crypto?

For $60,636 per BTC, the Green Bay Packers player total salary would be worth around 368.8 BTC.

Aaron Rodgers, the quarterback for the Green Bay Packers, has stated that he will accept a portion of his NFL paycheck in Bitcoin.

As the mainstream interest in Bitcoin swells, it is inevitable that more players of the traditional American sports would dip their toes into cryptocurrency waters.

The latest entrant to the crypto community is Green Bay Packers quarterback Aaron Rodgers, but not necessarily by choice.

Rodgers’ current deal provides him an annual salary of $33.5 million, with no word on how much of that will be paid in Bitcoin. With 1,894 passing yards, 17 touchdowns, and three interceptions, the reigning league MVP has guided Green Bay to a 7–1 start in 2021

Aarons Views

“I believe in Bitcoin & the future is bright,” Roger said.

Rodgers on Twitter confirmed that he has agreed to take a portion of his $22 million, one-year contract in Bitcoin. In a tweet, he revealed that he would be giving away $1 million in cryptocurrencies to supporters as part of a promotion with Square-backed mobile payments firm Cash App. The winners will get up to $100 in Bitcoin and be chosen at random throughout the campaign until November 8.

On Saturday night, Rodgers, who has the Packers 7–1 and atop the NFC North, disclosed the details of the video session. He informed the endorsers that he was ready to put on his John Wick costume for Halloween, and they encouraged him to make the video in character. Then he announced he would have a glass of scotch, which has long been his drink of preference, and they encouraged him to do so.

“I believe there are many Scotch fans who are also potentially Bitcoin enthusiasts,” Rodgers added.

Rodgers announced in a video broadcast to his Twitter account on Nov. 1 that he would be teaming with Cash App to collect a percentage of his pay in Bitcoin. He was costumed as the fictitious character John Wick, most likely for Halloween (BTC). IN JULY, the NFL said that Rodgers would get a $1.1 million basic pay, in addition to a $14.5 million signing bonus and a $6.8 million roster bonus from March, for a total of around $22.3 million.

Rodgers’ total compensation would be worth around 368.84 BTC for $60,636 at the time of writing, according to statistics from CoingMarketCap.com. Though the cryptocurrency achieved an all-time high at $67,000 on Oct. 20, it dropped below $60,000 several times last week and has been primarily trading between $60,000 and $63,000.

This Is Marketing In 2021

Rodgers said he decided to take some of the $22 million deal payment, which made him one of the highest-paid players in the NFL, using Bitcoin because Cash App makes it very easy for people without any clue how to buy crypto.

Cash App is a mobile payment platform owned by Square, which has invested in cryptocurrencies. The app allows its users to buy and sell Bitcoins with ease. Please be away that this is also a marketing ploy for CashApp and its Bitcoin business which is thriving

Rodgers was upbeat about Bitcoin’s future and recognized that it may be intimidating for individuals in the public who had yet to go into the realm of cryptocurrencies. I still question if Aaron knows anything about crypto other than the paycheck Cash App has promised him, but lets stay optimistic.

“I’m excited about Bitcoin because I believe it’s the future of money — it’s valuable, super secure, and no one can mess with it,” Rodgers said.

“Bitcoin is new, and the concept can be intimidating, so to make Bitcoin more accessible to my fans, I’m giving out a total of $1 million in BTC now too.”

His decision to take part of his salary in Bitcoin adds him to the list of athletes who are also crypto users. More athletes will be encouraged to join by being part of the crypto community due to the ease of adoption and use of cryptocurrencies.

Athletes In Crypto Space

Rodgers is not the first NFL athlete to show his support for the popular cryptocurrency in this manner. In 2020, offensive lineman Russell Okung spent half of his salary on Bitcoin, while former Chiefs tight end Sean Culkin declared his intention to convert his whole 2021 salary to Bitcoin before being released in May. He’s just the latest pro athlete to become involved with cryptocurrency. In July, New York Giants running back Saquon Barkley said he would take all future endorsement deals in bitcoin, while soccer star Lionel Messi announced in August that he would get a portion of his pay in cryptocurrency.

Trevor Lawrence, a rookie with the Jacksonville Jaguars, agreed to invest his signing bonus with Blockfolio ahead of the 2021 NFL draft.

Washington Wizards guard Spencer Dinwiddie could not tokenize his three-year, $34 million deal with the Brooklyn Nets in the NBA. Dinwiddie also attempted to obtain a Wizards uniform sponsorship to promote his cryptocurrency program.

Tom Brady, the reigning NFL Superbowl MVP, co-founded his own NFT firm, Autograph, which offers digital collections of the top names in sports and entertainment, including Tiger Woods, Naomi Osaka, and Usain Bolt.

The NFL has capitalized on the popularity of NFTs by partnering with Dapper Labs to develop a market of NFL sports highlights where users can buy and trade these moments.

We all know that the NFL is a competitive and cutthroat league. It was only last year when Rodgers signed his $134 million contract with the team in July, but he’s already looking for an edge to get ahead of other players on the field. He announced this week that he would be getting part of his salary paid out in Bitcoin (BTC) through Cash App! If you want to stay up-to-date with what your favorite athletes are doing off the field, follow them on social media or read their blogs. You never know where they might announce something new!

Being Borkie, I must view everything from both the pessimist and optimist lens about these athletes in Crypto. I will start with the athlete who genuiely believes in Bitcoin and no one needs to pay him to endorse it. Russell Okung, I assure you that he is 100% the real deal. Rogers, Brady and many other public figures that preach Bitcoin, they are nothing more but marketing pawns for large fintech players such as Ftx, Cash App and Coinbase to list a few. Get ready for much more athletes in this sector.

Crypto is very a very volatile market that I, Borkie, do believe that these athletes are a great addition to the Crypto space. Tom Brady and others will not take money from any brand that doesn't align with their brand integrity. The days of athletes accepting payment for products they abhor is over, they get to choose projects that won’t hurt their brand. As you must be aware, these athletes are partially here for earning more United States dollars as well, the fact they choose Bitcoin or NFTs sponsorship deals over Nike or Under Armor is a positive any way you look at it.

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