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Odell Beckham Jr. might have lost his money in Bitcoin. According to a new report from Total Sports, the Rams player may currently be feeling the burn from the current Bitcoin crash. “On November 12, Odell Beckham Jr. signed a deal with the Rams worth $750,000. He announced he would take that in Bitcoin,” reports the outlet. “At the time, Bitcoin was worth $64,293. Today, it is worth $35,400. Today, that deal is worth $412,953. Odell will be taxed on $750,000. Federal & CA state tax will be 50.3% That means Odell, as of now, has netted $35,703 from the Rams contract this year.” Back in August of 2021, AfroTech reported that Odell Beckham Jr. entered t he cryptocurrency world after purchasing a CryptoPunk 3365. Then, in November 2021, we also reported that he would be taking his NFL salary in Bitcoin. Odell made the deal in partnership with CashApp. And he’s far from the only professional athlete to take a salary in Bitcoin. As AfroTech also previously reported, Russell Okung made...
When Russell Okung announced that he wanted half of his $13 million salary paid to him in Bitcoin, the sports world sat up and took notice. Okung, along with fellow NFL player Matt Barkley, first made a request to be paid in Bitcoin back in 2019. Both of their requests, at the time, were denied. Pay me in Bitcoin. — OKUNG (@RussellOkung) May 14, 2019 But what’s more is that, Okung had a series going called “ Bitcoin Is, ” which broke down the ins and outs of the then-revolutionary cryptocurrency. And while there’s still no shortage of scams and misinformation about the crypto world out there, Okung’s commitment to seeing crypto as the wave of the future has remained unwavering. “Money is more than currency; it’s power,” said Russell Okung in a statement. “ The way money is handled from creation to dissemination is part of that power. Getting paid in bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit.” View this post on Instagram A post shared...
Earlier in 2021, National Football League (NFL) player Odell Beckham Jr. joined the lineup of celebrities venturing into cryptocurrency. The Los Angeles Rams wide receiver entered the non-fungible token (NFT) space after purchasing a CryptoPunk 3365, AfroTech previously reported. Now, he is one of the latest to want to be paid in digital currency. In a partnership deal with Cash App, Odell Beckham Jr. announced that he would receive his $4.25 million salary for the 2021-2022 NFL season in Bitcoin, Decrypt reports, joining other players like Russell Okung, the first player in the NFL to receive his payout via Bitcoin. As Beckham Jr. is entering into the season with a new NFL team and a Bitcoin salary, he’s showing gratitude to his fans for riding along with him. While we’re in the season of giving thanks, Beckham Jr. will be giving away $1 million in Bitcoin to his fans on Twitter. “It’s a NEW ERA and to kick that off I’m hyped to announce that I’m taking my new salary in Bitcoin...
When Odell Beckham first began playing ball at Louisiana State University, he probably had no idea he’d go on to make National Football League (NFL) history. But in the short time that he’s been in the public eye, that’s exactly what he proceeded to do. If you’re a football fan, you know that rooting for the New York Giants can be a fool’s game. Yet, Odell Beckham gave the hard-up fans something to believe in. “During his five seasons with the Giants, Odell broke numerous league and franchise records. In 2016, Beckham became the fastest player in NFL history to reach both 4,000 career receiving yards and 200 career receptions,” reported Celebrity Net Worth, who added that his impressive $40 million net worth belies his various investments, salary earnings and other ventures. And despite his success, Odell Beckham remains as good-natured as he always was. In addition to inspiring the meme “Things Odell Can Catch” — which he took in great stride — he has donated his time, money, and...
Pro athletes have been entering into both buying and launching non-fungible tokens (NFTs) in an effort to join the wave of investing into cryptocurrency and also to authenticate ownership and legitimacy of digital items. According to Highsnobiety, tennis player Naomi Osaka came into the NFT space last month by auctioning off original artwork signed by her and her sister, Mari Osaka, in which partial proceeds went to her charity, Play Academy. Now, Complex reports Cleveland Browns’ Odell Beckham Jr. has also recently stepped into the NFT world after purchasing a CryptoPunk 3365. Each of the 8-bit style pixelated digital characters have their own unique types, attributes, and accessories. Beckham Jr.’s Punk’s features includes a shadow beard, “wild hair,” and a smile. Plus, the wide receiver has changed his profile image across all of his social media accounts to reflect his new Punk. CryptoPunk 3365 was originally owned by NFT and Crypto Founder Soby Life. On Aug. 19 he tweeted,...
An all-star lineup of pro-athletes and celebrity investors have joined the latest funding round for investment platform Titan. According to a press release, Kevin Durant, Odell Beckham Jr., Will Smith and others have participated in fundraising for a $58 million Series B on behalf of Titan — a firm that brings premier investment management to the everyday investor. The round was led by Andreessen Horowitz (a16z), with participation from existing investors such as General Catalyst, BoxGroup, and Ashton Kutcher’s Sound Ventures. Titan reports that its new funds will be used to make substantial strides in building out its platform and suite of investment products, as well as scaling its core functional teams. Amidst the new wave of building wealth in our society, Titan acts as a modern-day catalyst jumpstarting a new generation of investors looking to easily manage their investments. With help from its star-studded investors, Titan hopes to continue scaling the company to be a useful...
Cleveland Browns WR Odell Beckham Jr. is dipping his hand into the gaming world with a new collaboration by way of Xbox. After tearing his ACL back in October, the NFL superstar has focused his time on partnering with Xbox for a new sneaker and controller collaboration inspired by their global Power Your Dreams campaign . Xbox and @obj worked on a custom Air Force 1 Low and controller which will be given away during the holidays 🎮 pic.twitter.com/PujJYkNNBt — B/R Kicks (@brkicks) December 7, 2020 According to an announcement from Xbox, the newly-launched campaign is a nod to the dreaming aspect of gaming culture. For OBJ’s collaboration, the gaming company debuted a “Dream Kit” inclusive of a custom pair of Nike Air Force 1 sneakers and designs for a wireless controller all fitting to his dreams (literally). The announcement also shared the design behind OBJ’s custom Xbox controller and the inside of his custom AF1 shoes were both “inspired by the blazing stars from his dream,”...