In a Clubhouse announcement, Vivek Ranadivé mentioned he could be open to paying his gamers and workers in cryptocurrency.
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At the very least one NBA crew is shopping for into the cryptocurrency craze and providing to pay its gamers and workers in Bitcoin.
Yesterday, Vivek Ranadivé, the chairman and CEO of the Sacramento Kings, disclosed in a Clubhouse room that he could be open to paying everybody within the group in Bitcoin. Ranadivé made the announcement on the “Satoshi Roundtable,” which was co-hosted by Bitcoin advocates Tim Draper and Bruce Fenton.
Associated: Tesla Now Accepts Bitcoin within the U.S.
“I will announce within the subsequent few days that I will provide everybody within the Kings group, they’ll receives a commission as a lot of their wage in Bitcoin as they need, together with the gamers,” Ranadivé mentioned, in response to Clubhouse member Neil Jacobs.
BREAKING: Chairman of the Sacramento Kings:
“I will announce within the subsequent few days that I will provide everybody within the Kings group, they’ll receives a commission as a lot of their wage in #bitcoin as they need, together with the gamers.” - @vivek@SacramentoKings
@NBA— Neil Jacobs (@NeilJacobs) April 5, 2021
In 2014, the Kings turned the primary basketball crew to permit followers to purchase merchandise in Bitcoin. On the time, Ranadivé informed ESPN that the transfer marked the primary of many towards a ticketless and cashless enviornment.
“After I bought the NBA on retaining the crew in Sacramento, my pitch included utilizing the sports activities franchise as a social community to push the know-how envelope,” he informed the sports activities community. “That is an instance of that.”
Though the Kings are the primary NBA crew to provide its gamers and workers the choice to be paid in cryptocurrency, athletes in different leagues have already invested in it. Former Seattle Seahawks offensive lineman Russell Okung, as an example, reportedly put half of his 2020 wage in Bitcoin, fueling claims that he’s now one of many highest-paid gamers within the NFL.
“Cash is greater than foreign money; it’s energy,” Okung mentioned in a press release obtained by NBC Sports activities in February. “The way in which cash is dealt with from creation to dissemination is a part of that energy. Getting paid in Bitcoin is step one of opting out of the corrupt, manipulated financial system all of us inhabit.”
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