Green Bay Packers quarterback Aaron Rodgers has announced that he will be converting part of his salary to Bitcoin.
Green Bay Packers quarterback Aaron Rodgers has announced that he will be converting part of his salary to Bitcoin. He made the announcement while announcing that he has partnered with Square Inc’s Cash App. As part of the partnership, Rodgers will also be giving away $1 million in Bitcoin.
Aaron Rodgers announced on twitter his partnership with Cash App, saying: “I believe in Bitcoin & the future is bright. That’s why I’m teaming up with Cash App to take a portion of my salary in bitcoin today. Bitcoin is a new concept, and it can be intimidating. So to make it more accessible to my fans, I’m giving away $1 million worth of bitcoin right now.”
The campaign runs through Nov. 8, and winners will be chosen at random, according to the report. Those who win will get up to $100 in bitcoin.
The football player is set to earn more than $1.1 million salary in addition to over $22 million signing and roster bonuses. He signed a 4-year contract with The Packers, and the deal is worth $134 million before the start of the 2018 season.
Cash App is an app-based money transfer service that allows people to send and receive money. People can also buy and sell stock shares, as well as Bitcoin, using the app. Pro football athletes are starting to invest in Bitcoin. Earlier this year, Kansas City tight end Sean Culkin became the first NFL player to convert his entire salary in Bitcoin.
In other NFL news, Amazon was one of the contenders to host the NFL’s “Sunday Ticket” programming package. The NFL had asked up to $2.5 billion per year for the package. DirecTV had been losing money on it for 27 years. In May, Amazon emerged as the winner for the NFL’s “Thursday Night Football,” for which it will pay $1 billion annually to show games on the Prime streaming service.