16 May Nets’ Spencer Dinwiddie again merges cryptocurrency with his NBA future
Spencer Dinwiddie is trying to get fans to invest in him again.
This time, the Nets guard is asking them to put up a large (and highly specific) amount of money in Bitcoin as part of a GoFundMe campaign. The “reward” is that Dinwiddie will sign a one-year contract with a team of the fans’ choosing when he becomes a free agent, which could happen as early as July 2021.
That’s quite the flex by Dinwiddie in assuming any team would take him. He has been a fine player for Brooklyn, but could, say, the Clippers make cap room for him? But that’s getting way ahead of ourselves. First, the fans need to come up with a huge bag: $24,632,630 (or 2625.8 BTC).
As they like to say on Twitter, we have questions. Let’s start with these four: Why $24,632,630? Why now, when the league is bracing for big revenue dips into 2021? Would the league even allow it? Why do it at all?
Dinwiddie offered some answers in a statement posted by Shams Charania of The Athletic and Stadium:
Nets guard Spencer…