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New York Giants star Saxon converts Barclay endorsement money into bitcoin

New York Giants star Saxon converts Barclay endorsement money into bitcoin

New York Giants star Saxon converts Barclay endorsement money into bitcoin

Running back for the New York Giants, Saxon Barkley announced that he would convert all the money he earned into bitcoin.

The news that a player converts his support check into bitcoin may not be all newspaper, when a player like Barclay does, it's a different story. The reason behind this is that Barkley is a superstar player with tons of endorsement deals. While some middle-class people earn hundreds of thousands of dollars from local approvals, Barclays Banks are far from "over 10 million million a year" for deals with companies like Nike, Toyota and Pepsi. So, this is an important investment of a young superstar.

In an interview with Anthony Pampliano on "The Best Business Show", Barclays said, "We're watching inflation, and we'll learn that you can not save money. So I'm going to put my marketing money into bitcoin." Barkley said he went the extra mile to create.Barkley believes his salary and approvals alone are not enough to establish his bloodshed for future generations.

As a team, the New York Giants already work with crypto companies and are sponsored by Grayscale Investments. Barclay plans to use the Strike app to convert its checks to BTC and befriend CEO Jack Mallers.

Most athletes want to pay in crypto

Although Barclays is technically not paid his salary in crypto, his only support is money, he is the latest in a line of athletes turning to digital currency. Although it is difficult for many players to obtain payments in crypto, Barclays' deal and the like can avoid paying players the league's CBAs of their choice.

For example, Rookie Quarterback Trevor Lawrence requested that his entire signature bonus be paid in Bitcoin. The bonus that Lawrence signed as the first choice in last year's draft was somewhere in the $ 23 million neighborhood.

Speaking of crypto, the most prestigious athlete of all time is Spencer Dinwiddy of the NBA. Not only did they have a stake in the NFT acquisition platform, they also tried to identify their contract as a marketable financial asset. According to Dinwiddy, the plan is to give investors the opportunity to invest in "the first security represented by a professional athlete investment token (PAInT)". Security is tied to the Dinwiddy deal.

Disclaimer All information contained on our website is published in good faith and for general information purposes only. Any action taken by the readers on the information available on our website is at their own risk.
Matthew de Surro is a journalist and media personality who specializes in sports, gambling and statistics. Prior to joining BeanCrypto, his work was featured on Fanside, Forbes and OutKick. With a love of background and writing in statistical analysis, he takes an approach outside of news reporting.

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