What NFL player was paid in Bitcoin?

Are NFL players getting paid in Bitcoin?

Beckham is far from the first or only NFL player to get paid in Bitcoin, as players like Saquon Barkley, Aaron Jones and Trevor Lawrence have followed suit, too. Russell Okung of the Panthers was the pioneer.

Did OBJ take his salary in Bitcoin?

LA Rams football player Odell Beckham Jr. took his $750,000 salary in bitcoin. Yahoo Finance’s Brad Smith and Akiko Fujita discuss how the current drop in bitcoin’s price is affecting his pay.

What athlete gets paid in Bitcoin?

Quarterback Trevor Lawrence, Tight End Sean Culkin Get Paid in Crypto.

How much money did Odell Beckham lose in Bitcoin?

The news of Bitcoin’s price drop is unfortunate for Beckham’s earnings. Darren Rovell reported that his entire salary is now worth only $413,000 USD as opposed to the $750,000 USD, excluding taxes. Once taxes are factored in, OBJ makes around $35,000 USD which equates to just one Bitcoin.

How much is Odell Beckham salary?

$1.25 million
Beckham and the Rams came to terms on a one-year, $1.25 million contract, a club-friendly deal considering the value he’s brought to the team.

What is the advantage of being paid in Bitcoin?

Bitcoin transactions occur instantly, with tokens showing up as owned by the seller of a good or service as soon as the deal is complete. Cryptocurrencies also exist outside the regular banking system. Therefore, there are no exchange fees, credit fees or other costs associated with a Bitcoin transaction.

Why are NFL players getting paid in Bitcoin?

The star athlete recently signed a one-year deal to play for the LA Rams after he was released from the Cleveland Browns. To commemorate the Cash App deal, and do his part to accelerate wide-scale adoption, OBJ has pledged to give out $1 million in bitcoin to his followers on Twitter.

Is Aaron Rodgers getting paid in Bitcoin?

American Football star Aaron Rodgers is to be part-paid in crypto. The three-time NFL MVP took to Twitter to say he’ll be receiving a portion of his $33.5m annual salary in Bitcoin.

Who is the highest paid player in the NFL?

Top 100 Highest Paid NFL Players

Rank Player Average Salary
1 Patrick Mahomes $45,000,000
2 Josh Allen $43,000,000
3 Dak Prescott $40,000,000
4 Deshaun Watson $39,000,000

•Jan 17, 2022

What is Aaron Donald salary?

The highest paid defensive linemen in the NFL is the Los Angeles Rams’ Aaron Donald. He makes $22.5 million per season.

How much does Aaron Donald make?

The highest paid defensive linemen in the NFL is the Los Angeles Rams’ Aaron Donald. He makes $22.5 million per season.

What is Baker Mayfield salary?

Cleveland exercised Baker Mayfield’s 5th-year option last April. That means his 2022 salary is a fully-guaranteed $18,858,000. Compensation comes in two forms though.

Does the IRS take Bitcoin?

In a nutshell: The IRS treats virtual currencies, like bitcoin and ether — and even NFTs — differently from other assets and investments. … If you used fiat currency — that is, US dollars — to buy crypto assets in 2021, you don’t have to report anything about it on your return.

Do you pay taxes on Bitcoin salary?

If you are an employer paying with Bitcoin, you must report employee earnings to the IRS on W-2 forms. You must convert the Bitcoin value to U.S. dollars as of the date each payment is made and keep careful records. Wages paid in virtual currency are subject to withholding to the same extent as dollar wages.

Does Aaron Rodgers get paid in Bitcoin?

American Football star Aaron Rodgers is to be part-paid in crypto. The three-time NFL MVP took to Twitter to say he’ll be receiving a portion of his $33.5m annual salary in Bitcoin.

What is Odell Beckham Jr salary?

Beckham and the Rams came to terms on a one-year, $1.25 million contract, a club-friendly deal considering the value he’s brought to the team.

What’s Tom Brady’s salary?

According to the deal, Brady was scheduled to make $30 million in 2020 and $32 million in 2021. A source also told the site that Brady received a raise for his 2019 salary from $15 million to $23 million, which is where the other $8 million came from.

How much does Kirk Cousins make?

At the outset, Kirk Cousins receiving $40 million per season seems asinine, yet three years into the deal it may be considered the league-average.

Who is highest-paid QB?

QB Patrick Mahomes
1. Chiefs QB Patrick Mahomes: $45 million. 2. Bills QB Josh Allen $43 million.

Who is the richest NFL Player 2022?

1. Chiefs QB Patrick Mahomes: $45 million. 2. Bills QB Josh Allen: $43 million.

What is Sean McVay salary?

McVay’s new contract is believed to be in the range of anywhere between $15 to $18 million per year, according to Mike Florio of Pro Football Talk.