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Russell Okung Became The First NFL Player To Be Paid In Bitcoin In 2020, And The Decision Has Led To A Massive Payout In 2024

Russell Okung has no regrets about deciding to be paid in bitcoin. The two-time Pro Bowler previously played for the Carolina Panthers when he made history as the first NFL player to receive part of his salary in bitcoin, according to Sports Illustrated. In 2020, he decided to accept half of his $13 million salary in bitcoin, converting the $6.5 million at market rates and receiving 240 bitcoins. no more broke athletes. no more lost generational wealth. pay me in bitcoin pic.twitter.com/ZqTM0Y1fsC — OKUNG 🐆 (@RussellOkung) November 13, 2024 “I’m looking at Bitcoin. I’m talking to this young kid, young Silicon Valley type. We’re talking about me being paid in Bitcoin. I’m giving ’em the vision, but how will we do it,” Okung recalled in a video clip shared on X. “They’re not willing to adjust the collective bargaining agreement between the players and the owners. So what can I do to get the Carolina Panthers to play ball? Here’s the power of Bitcoin with U.S. dollars. You have to rely...

Nov 13, 2024

Cam Newton Recalls Making $732K Per Game At One Point — 'That Was The Most Money That I've Ever Seen'

If you follow Cam Newton on Instagram, then there may be a time or two where there’s some confusion around what his Instagram caption actually says. But one thing that is not up for debate is the NFL player’s bag. In a recent Instagram post from Boardroom, the quarterback discussed his rookie deal as the most money he had ever seen at that time. Over the course of his career, Newton has made over $133 million.

Sep 15, 2022

Russell Okung Made History As The First NFL Player To Be Paid In Bitcoin — Here's How It's Working Out

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...

As A Harvard Student & Rising Fashion Icon, Here's How Aoki & Ming Lee Simmons Are Carving Their Own Paths

As the only children of Russell and Kimora Lee Simmons, Aoki and Ming Lee Simmons had very big shoes to fill. The product of the co-founder of Def Jam Records and the internationally-renowned fashion model-turned-Baby Phat founder, the two girls are also part of the greater family legacy that includes their famous cousins (including Angela, Vanessa, and Diggy) and legendary uncle (Rev. Joseph “Run” Simmons, aka one-half of the legendary Hip-Hop group, Run-DMC). You might say that Aoki and Ming were destined for greatness from birth. Fortunately, they didn’t disappoint, and today, they’re successful women and entrepreneurs in their own right. One is even Ivy League-educated (And, as Kimora Lee put it, she got there on her own merit — not because of her family name or other connections)! Regardless of whatever else goes right, or wrong, in the case of Russell and Kimora Lee, we can all agree that Aoki and Ming Lee Simmons — their two daughters — are doing their part to keep the...

Russell Okung Becomes One of the Highest-Paid Players in the NFL Thanks to Bitcoin

This NFL player just made the ultimate game-winning touchdown! According to Blavity , Russell Okung just became one of the NFL’s highest-paid players after requesting that his salary be paid in Bitcoin. The Carolina Panthers offensive tackle’s initial cryptocurrency investment has now skyrocketed to $21 million thanks to his request. He is the first player in the NFL to receive his payout via Bitcoin — the growing popular cryptocurrency that allows users around the world to buy, sell and exchange money in the form of digital coins, per Forbes.   View this post on Instagram   A post shared by Russell Okung (@russellokung) Currently, Bitcoin is not regulated by banks or the federal government since it’s decentralized and void of third-party oversight. It was May 2019 when Okung made his request simple and straightforward. Pay me in Bitcoin. — OKUNG (@RussellOkung) May 14, 2019 “Pay me in Bitcoin,” wrote the Carolina Panther via Twitter. Looks like that was the best decision he...

Mar 17, 2021

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