Prospective soccer star and first hypothetical overall selection in this week’s NFL draft Trevor Lawrence are signing a series of endorsement contracts including with Gatorade, Adidas.
– and Blockfolio’s crypto portfolio management application.
Lawrence announced the news on Twitter.
According to the Action NetworkLawrence accepted his signing bonus from this endorsement transaction exclusively in crypto last Friday night in conjunction with bitcoin.
and Solana. Each of these has increased by at least 7% between Friday night and Monday morning.
The agreement from Lawrence is another example of professional athletes getting more involved in cryptocurrencies.
Kansas City chief Sean Culkin announced on Monday that he would convert his entire $ 920,000 base salary for 2021 into bitcoin. Culkin calls bitcoin “the future of finance” in his announcement.
Lawrence’s deal with Blockfolio is also another example of athletes looking at atypical confirmations.
Final selection number 1 last year in the draft NFL, Joe Burrow, has signed a sponsorship deal with EV automaker Lordstown Motors Corp.
RIDE THE BYCICLE,
While both Lawrence and Burrow also signed more traditional athlete sponsorships with companies like Adidas, Gatorade and Nike.
This new wave of confirmation could represent a turnaround to more unique transactions.
Recently Bitcoin rebounded above $ 50,000 after a string of recent losses.