Odell Beckham Jr Bitcoin Loss
Odell Beckham Jr Bitcoin Loss. #13 of the cleveland browns looks on during. 17, 2022, in inglewood, calif.
#3 of the los angeles rams prepares to go onto the field during the second half in the game against the san francisco 49ers at levi's. If beckham kept his money in bitcoin, that means his contract is now worth. Bitcoin's near 50% decline since its november high means some athletes have taken a sizable pay cut for the same amount of work.
Many People Like To Make A Quick Buck From Bitcoin.
Is on the receiving end of it. Of his $750k base, factoring in the losses due to taxes and bitcoin’s crash, beckham is walking away with about $218,000. Obj is a cautionary tale for the volatility of bitcoin.
Beckham Signed A Deal With The Los Angeles Rams On November 12, 2021 Forth Over $750,000.
Signed with the los angeles rams in november, he struck a deal with cashapp and agreed to convert his $750,000 salary into bitcoin. Los angeles rams wide receiver odell beckham jr. If you recall earlier in the season odell beckham jr.
Might Be Reconsidering This Decision To Take His Entire Nfl Salary In Bitcoin After The Cryptocurrency’s Latest Dip.
Is taking his new salary in bitcoin — and plans to give away $1 million worth of the cryptocurrency to. Odell beckham jr., also known as obj, announced via twitter monday that he is taking his new salary in bitcoin via square’s cash app. According to a new report from total sports, the rams player may currently be feeling the burn from the current bitcoin crash.
Signed A Deal With The Rams Worth $750,000.
— odell beckham jr (@obj) november 22, 2021 beckham is far from the first or only nfl player to get paid in bitcoin, as players like saquon barkley, aaron jones and trevor lawrence have followed. Bitcoin's near 50% decline since its november high means some athletes have taken a sizable pay cut for the same amount of work. The los angeles rams wide receiver announced on social media this week that he will receive his new salary in.
The Wide Receiver Said In A Tweet That He Will Accept His Salary In Bitcoin As Part Of An Arrangement With Square Inc., Which Was Backed By Mobile Payment Service, Cash App.
The quarterback signed that deal last year. Has become a cautionary tale for nfl players seeking to cash in on the latest cryptocurrency trends. It’s back up to $36,000 today, but nevertheless, beckham’s original salary, valued at $750,000 in bitcoin, is down to just above $400,000 before tax.
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