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You are here: Home / Finance / Cryptocurrency / Pro Athletes Paid in Crypto: Who’s Going All In On Bitcoin?
Pro Athletes Paid in Crypto: Who’s Going All In On Bitcoin?

Pro Athletes Paid in Crypto: Who’s Going All In On Bitcoin?

March 16, 2022 By Cade Hildreth Leave a Comment

Cryptocurrencies have become a massive financial trend in recent years. Today, crypto represents one of the fastest growing technologies of all-time, paralleling the growth curve of the internet in the 1900s and mobile phones in the 2000s.

From its previous highs to its current lows, crypto represents one of the biggest potential payouts for investors as well as one of the biggest risks. Crypto markets, which had already taken a hit recently, just plunged further, according to Forbes. This hasn’t deterred famous faces though from getting involved in the cryptocurrency game.

Matt Damon’s Crypto.com ad might have had most people cringing as they watched it, but it represents a new phase in this market’s journey to mainstream acceptance.

Pro Athletes Paid in Crypto

Despite the risks, many celebrities have gotten in on this market. Professional sports have been one of the biggest markets for crypto, with the sector dominating this year’s Super Bowl ad lineup. Some professional athletes have seen an opportunity to change the way they are paid and have requested their salary be given to them in different cryptocurrencies.

So, who are these big names in the sports world getting their paycheck in Bitcoin? Here are just a few of the athletes paid in crypto.

Odell Beckham Jr. – LA Rams

It is fair to say that the Rams have had a reversal of fortunes since returning to Los Angeles, thanks in part to their excellent wide-receivers. One of these receivers, Odell Beckham Jr., recently disclosed that he was working with a popular money-sharing – and recently more tightly regulated – site, CashApp, to receive his full salary in Bitcoin.

Beckham’s Rams are sure to be amongst the favorites in the current betting odds with Coral for the Super Bowl next year, having gone into their recent win against the Bengals in the same position. However, will Beckham’s Bitcoin salary have the same value in 12 months’ time? That is the risk that he is taking but for him, it seems to be a calculated one.

Given the potential upside of Bitcoin, its fixed supply, and its rapid global adoption, his salary could also grow substantially in value compared to his teammates opting to receive their paychecks in US dollars (USD).

Aaron Rodgers – Green Bay Packers

This quarterback might have gotten more press for his statements off the field than usual, but even with all those distractions he was able to lead his team deep into the playoffs and remains likely to get a place in the Hall of Fame when his career finally comes to an end.

Like Beckham above, Rodgers opted to get a good chunk of his salary, which totaled around $33.5 million for the 2021 season, converted into Bitcoin.

With the recent Bitcoin price drop, it’s a great time for Rogers to receive his salary in Bitcoin because it will buy a substantially larger Bitcoin position than it would have just a few months ago. Although the cryptocurrency crested to an all-time high of $68,000 in November 2021, Bitcoin is currently priced at $42,000.

Shohei Ohtani – LA Angels

This pitching and hitting powerhouse out of LA has recently become a global ambassador for FTX Trading Ltd as well as receiving a sizable portion of his $3 million 2021 salary in Bitcoin. Shohei “Shotime” Ohtani is fast becoming one of the most popular and explosive athletes in baseball and is also keen to showcase the longevity and versatility of cryptocurrency.

He isn’t just becoming a face of the crypto markets in the US; he’s an investor with a serious stake in their success.

Curious to find out more about the biggest and most well-known cryptocurrency on the market? Check out our list of the best Bitcoin books of all time.
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“As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness fanatic, I’ll teach you what your parents and teachers should’ve taught you, but didn’t know themselves.” -Cade Hildreth

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Or, listen to Cade’s articles on the go as a Podcast.

Because it’s the New Year, let’s talk about ch Because it’s the New Year, let’s talk about change...

For a long time, I’ve thought about top surgery. I remember when I was 6 or 7 years old when I wanted to run around outside on a hot, sunny day with my shirt off…and I first saw my parents… hesitate. Ughh. 

It wasn’t their fault but I still remember that heart wrenching feeling. To their credit, they ultimately said, “Ok, go do it!” While I did “do it”, I remember the feeling of shame that crept in.

Over the years, being in affirming sporting/rugby circles helped suppress the urge to get top surgery, but it never quite “stayed down.”

So last summer I got keyhole #topsurgery. I’ll talk about recovery in another post because it was definitely weird to not strength train for months.

But in THIS post, I want to share two things:

1. I am SO grateful to my wife Erin for being the supportive and growth oriented partner that she is. 🥰🙏❤️ 

She is now following her call to get a divinity degree and she’s already working in ministry as a Pastor in Training at an incredible, inclusive Presbyterian church here in Virginia. I am grateful to her for supporting me as I become more and more of who I am—and I’m enjoying watching her do the same! Love you, babe!

2. Second, I’m grateful to get to share who I am with my family. This summer we took a trip to Madden’s resort in MN to celebrate my parent’s 50th wedding anniversary. (It was actually their 52nd, because we had to postpone it twice due to Covid.)

I was nervous to be in the pools and lakes around them, but I could feel it was my only choice because I knew I wanted them to “know me”. And, how could that happen if I “hid me”?

Ultimately, I have to tell you…it was freeing to be me, as I am, who I am. 

I had the BEST time splashing around and biking and goofing around with my wife, niece, nephew, & sister. 🌊🏖🐟

So, I suppose, this is a gratitude post to thank those who have supported me over the years as I become more and more of who I am. 

Top of that list is my wife, Erin, but there are countless others. ❤️

If you’re reading this, thank YOU for being one of those people in my life too. I am deeply grateful. 🥹
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#lgbtqfamily #nonbinary
How to set a boundary? 🤔 . . . . #lgbtqia #lgb How to set a boundary? 🤔 
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#lgbtqia #lgbtqcommunity #emotionalhealth
What do you do if you’re telling a past story ab What do you do if you’re telling a past story about someone who has transitioned? 🤔 Share a 💯 if you agree ➡️🏳️‍⚧️🏳️‍🌈
7 things I got clarity on in 2022: 1. Good and b 7 things I got clarity on in 2022: 

1. Good and bad are labels. All things are experiences. 

2. Maturity is taking full responsibility for oneself. 

3. Having a loving, conscious relationship with myself is a core value. 

4. Emotions do not mean that anything has to be done. 

5. When I am in congruence with what I want, I have it. 

6. I have permission from myself to stop doing anything that doesn’t lead to my peace and empowerment. 

7. Stepping toward emotions and being able to feel them is a superpower. It determines the quality of my life. 

(Are there any above that you’d like me to further explain?)
 
Most importantly, which # above resonates with you? ⬆️

Happy New Year, y’all! 🎊🥳
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#lgbtqcommunity #lgbtqiaplus #lgbtsupport #nonbinary #trans #selfgrowth
Interview with Jenny Nguyen, Founder of the Sports Interview with Jenny Nguyen, Founder of the Sports Bra—The World's 1st Bar to Only Play Women's Sports - shorturl.at/doGHZ

I'm excited to introduce you to today's #podcast guest, Jenny Nguyen, who is a professional chef, elite athlete, and entrepreneur.

I invited Jenny onto the podcast because she has done something extraordinary that is long overdue: She has opened up a sports bar that exclusively plays women's sports!

Despite extensive research, Jenny hasn't found another sports bar worldwide that ONLY plays women’s sports.

Given that it's nearly 2023, this is mind-blowing. As a lifelong athlete, I find her vision compelling and inspiring.

Aptly called the "The Sports Bra", the venue is putting Jenny's culinary skills on display alongside women's sports worldwide.

The Sports Bar has taken its mission a even further by partnering with and elevating other local, women-owned businesses.

Specifically, it:

1. Sources its grass-fed beef from @CarmanRanch, an ranch run by Cory Carman, a third gen rancher out of Wallowa, Oregon).

2. Sources its alcohol from Freeland Spirits, an all-women owned and operated distillery out of NW Portland.

3. Has furniture built by @girlsbuild_org, a non-profit organization headed by @ktmhughes in Portland, OR, that teaches carpentry and construction skills to young girls as a path to empowerment.

Since opening the Sports Bra this April, people have come from ALL over the U.S. and the world to experience it—including many professional female athletes.

To learn more about Jenny as she makes history, features women's sports, and elevates women-run businesses, listen to the episode here:

shorturl.at/doGHZ

Or, you can check out the Sports Bra at:

@thesportsbrapdx
TheSportsBraPDX.com/

Have you heard of the Sports Bra or been out to experience it in person?

#lgbtqiaplus #womenownedbusiness #lgbgtqia #lgbtqcommunity #womenssports #womeninsport
Over this recent holiday stretch, we… - enjoye Over this recent holiday stretch, we… 

- enjoyed some quiet time at home
- got a sauna delivered (but not yet installed)
- decorated for the holidays
- baked a bunch
- visited our favorite farm
- did some sight seeing
- and perhaps, most importantly, survived the cold snap along with our feather friends (who lived in the garage for a few days so we could heat them with a space heater) 🥶🐔

How have the holidays treated you…and did you get hit by the winter storms? ❤️🎁☃️❄️
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