When will NBA teams start paying Bitcoin to their players?

[Gaaara]

I don't see any reason for NBA players to be paid BTC since its too inconvenient for everyone but it might happen for contract signing but I don't see bitcoin being used on everyday basis its still a long way before we go there and if we even got close to it I am sure governments will prevent it since it will destroy the core purpose of economy and economy will be obviously uncontrollable.

[Astvile]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility.

I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.

Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/

In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange.

I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin?

I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated.

Cheers!

If they have comeup to such a decision to buy an exchange and accepts bitcoin payments via bitpay then surely we can see some teams paying their players who want to get payed in bitcoin.The teams and association of Sacramento and Golden State shows interest on cryptocurrency that may affect the market since we all know NBA is the biggest basketball sports organization in the world,and this are 2 well known teams,im pretty sure their actions will make an effect on bitcoin and help spreading news and awareness about bitcoin which will lead to surge in demand for sure.

[CryptoBry]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility. I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.
Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/
In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange. I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin? I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated. Cheers!

Bitcoin is now getting to be a very attractive way to get paid even for sportsmen and soon this can be the in thing with celebrities. I hope Bitpay will do a campaign for people in the whole entertainment industry (including sports) to prefer bitcoin as the mode of payment of their professional services. This would be fun and can contribute a lot towards mainstream adoption as these people are influencers. I do welcome this development, if ever this is coming through.

[smyslov]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility.

I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.

Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/

In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange.

I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin?

I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated.

Cheers!

This is something new but it's a big possibility, but there are players association, if some of the top players in the NBA are in cryptocurrency or investing on it, there's a big possibility that one day we'll be seeing players agreeing to accept Bitcoin, but Bitcoin being a very volatile assets there should be something in the contract that will tackle the volatility of Bitcoin.

[Indrawan77]

If this could really happen then it will be great for crypto enthusiastic, but not all people want their salary in crypto shape and there's a potential of dropping in prices, so I think its better to make crypto more stable before making crypto as the salary payment

[jjbanks994]

If I were a NBA player I would request to be paid in bitcoin or at least a good portion of it

[Distinctin]

It's a huge money and I don't think NBA teams or players will risk their salary for bitcoin.
It's only possible if massive adoption will happen and bitcoin will be getting stable, but for now, majority would not accept it due to volatility.

They are working to get paid, and getting paid in usd would give them security and if they are really interested in bitcoin, they can buy some to hold.
At the current situation of the market, I am still not seeing it happening soon.

[btc_angela]

I doubt that NBA players would want to be paid in bitcoins. They can still invest though by just buying on and it and hold. Those high paid athlete most of the time will buy cars, houses and later re-think of investments. So majority will still demand USD, in my opinion.

[nicko122]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility.

I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.

Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/

In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange.

I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin?

I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated.

Cheers!

"Russell Okung’s Bitcoin epiphany and Matt Barkley’s mining revelation have started a groundswell of interest across the NFL. More and more players want teams to ‘Pay me in Bitcoin’."
I didn't know about it. An interesting article, I think it is quite possible that athletes in other sports will want to receive a salary in cryptocurrency.

[Compiler]

Well, if you really start paying the NBA players with bitcoin, it would be the beginning of a new era. Maybe in the soccer they begin to be interested too, and thus the market would move more.

[MonsterV]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility.

I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.

Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/

In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange.

I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin?

I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated.

Cheers!

This is quite unique in my opinion and attracts NBA fans to know more about bitcoin. And maybe the NBA players are bitcoiners, yeah, there are actually many bitcoiners but it's just that we don't know their background yet.
But I hope that this will create a new bitcoiner in various fields.

[coin-investor]

I know this is crazy for non-Bitcoiners, but for me, it's a possibility.

I came across an article from Bitcoinist about NFL players preferring to get paid in Bitcoin than fiat money. They're joining the revolution.

Source: https://bitcoinist.com/pay-in-bitcoin-nfl-players-join-russell-okung/

In the NBA, the Sacramento Kings are the first NBA team to accept Bitcoin payments via BitPay, and Golden State Warriors' sponsor, Rakuten, bought a crypto exchange.

I wonder when NBA players will start doing their own revolution by forcing their respective teams to pay them in Bitcoin?

I would love to see this coming, but what are your thoughts on this one guys. Any feedback will be appreciated.

Cheers!

Before this can happen players should be aware of the volatility of the market, and they know what they are getting into, there should be a consensus if the player's association if any players want to receive his salary with Bitcoin, and they should also be educated on how to handle their private key and how to use exchange, to trade their Bitcoin.

[spadormie]

I'm hoping for this because this could lead us to massive adoption. We could have a massive adoption from this because of the payments for players of the NBA is worth a lot. Imagine paying LeBron James in bitcoin? A $156M in bitcoin would probably be BTC17,760.18 that is converted via coingecko. But that's not it, pay other stars and other players and NBA should have BTC1m in order to pay them all. But by that, the supply might ran out.

For sure, the value of bitcoin will go high if they will be paid in btc. The supply will not ran out.   The value will tremendously increase though. That would be a great day for all crypto enthusiasts and holders out there. Couldn't wait to experience that day.  

Of course for the whole NBA they need BTC1m/yr in order for them to supply the players with BTC as payment. The value will increase but this would affect the supply of it. Why not pay players half in BTC and half with other coins of their choice?

[Jeborn]

Before NBA can pay it's player with bitcoin. It mean cryptocurrency as a payment solution has really gone mainstream. A lot of things would have happened before sport teams can especially the NBA can adopt the use of cryptocurrencies as a mode of payment. I think we need more stores accepting bitcoin globally first, if get bitcoin into the hands of Billions globally then anything can happen. 

[Apes]

if the NBA really adopt Bitcoin as an official payment throughout the season, this is very rapid progress. imagine if the circulation in one season to all players every team, bitcoin circulation will be very massive. and if NBA can successfully adopts payments for official and players I think this can be copied by other leagues.

[fortunecrypto]

they are going to do that if they are allowed by IRS and the government, the NBA is very much compliant to the government, their contracts are subject to the agreement of both players and the management under the jurisdiction of the government, in the future maybe it's possible.

[Kakmakr]

This will need to be a individual request by some of the players and then it would have to be added in their contracts. I doubt if someone would risk their full payment on something that is this volatile. We have seen a $500 spike or dip in a matter of hours and that would not be well received by many players in professional sport. 

If I were one of them, I would ask for a 10% payment in Bitcoin as an high risk investment, but I would do this after I received my payment in Fiat and then a financial advisor or accountant can receive orders to do this on my behalf, if I am too busy. 

[john_nautica]

can paying using bitcoin be one of the best options? I see that it's not so optimal if it pays NBA players with bitcoin because bitcoin is currently not stable. maybe later if bitcoin is stable it can be done.

[goaldigger]

The same question asked as when will the company pays its employees bitcoin. I guess all of us are aware now that cryptocurrency is existing but the problem is, how people will accept it and do they willing to make it as  a real substitute for the fiat they have now?

[LogitechMouse]

I'm not hoping for this to become true but there is a possibility that it can happen.

I'm thinking too that these can affect the price of Bitcoin too since many will buy Bitcoin in order to give to different players as their salary. Lebron with almost $40M per year same with CP3. KD with $35M. You can see how it will affect the price of Bitcoin. It will increase a lot.