Various news outlets reported that a portion of Okung’s $13 million salary is being paid in BTC. It’s not true.
National Football League player Russell Okung is a strong proponent of Bitcoin (BTC). And while he may be converting a portion of his salary into BTC, his employer, the Carolina Panthers, isn’t paying him in virtual currency — although a few excitable crypto-focused publications were foxed by the story.
A spokesperson from the Carolina Panthers confirmed to Cointelegraph that Okung, like the rest of his teammates, is paid in dollars only. What he chooses to do with the money is his business, the spokesperson said. In other words, the player doesn't have any agreement with the team to receive compensation in the form of BTC.
Offensive tackle Okung is currently in the final year of a four-year contract and will earn $13 million this year, according to Spotrac.
The NFL player is reportedly using a crypto startup called Strike to convert some of his earnings into Bitcoin. A beta version of the application, which claims to allow users to “send money instantly, with no fees, anywhere in the world,” is available for iOS, Android and Chrome.
Source and continuation of the article:
https://cointelegraph.com/news/nfl-player-russell-okung-isn-t-getting-paid-in-bitcoin-this-is-what-he-s-doing-instead