Showing 1 results for:


by Topic

All results

Carolina Panthers' Russell Okung Becomes First NFL Player to be Partially Paid in Bitcoin

Bitcoin is taking over the cryptocurrency world, and now it’s made its way to the National Football League. In May of 2019, previous Los Angeles Chargers player Russell Okung indicated via Twitter that he’d like to receive his yearly salary in digital currency — Bitcoin to be exact. Today, the Carolina Panthers’ offensive tackle confirmed that his request has finally been granted  after quoting his original tweet stating, “Paid in Bitcoin.” Paid in Bitcoin. — OKUNG (@RussellOkung) December 29, 2020 According to a press release from crypto startup Zap and its Strike product , Okung will be receiving half of his $13 million base salary in bitcoin for the 2020 season. Thus, making him the first player in league history to accomplish such a feat, USA Today reports. The news release also shares Okung lobbied both the Panthers and his former team to pay him in bitcoin before finding a compromise. The Panthers reportedly paid him in traditional currency and then...

Dec 29, 2020