RATE Group | First Pro Sports League to Pay in BTC & Other Platforms to Accept the Cryptocurrency
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First Pro Sports League to Pay in BTC & Other Platforms to Accept the Cryptocurrency

First Pro Sports League to Pay in BTC & Other Platforms to Accept the Cryptocurrency

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Bitcoin

With at least two players seeking to paid in Bitcoin during contract negotiations earlier this year, the NFL has emerged as the favorite to be the first sports league to pay a player with the popular cryptocurrency.
Photo by Max Photos (Public Domain).

  • At least two NFL players sought to be paid in Bitcoin during recent contract negotiations
  • A growing number of European airlines are accepting Bitcoin as payment, but major US carriers have resisted the urge
  • Luxury automakers have led the way in Bitcoin acceptance, but GM could be poised to bring it to the mainstream

Sports leagues have long been early adopters of technology, and with a number of professional athletes getting involved in cryptocurrency initiatives, it is likely only a matter of time before the announcement of a player agreeing to a contract that will pay them in Bitcoin. With that in mind, the oddsmakers at Bovada have tagged the NFL as the favorites to be the first league to pay a player in…

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