Matai Tagoa’i, a gifted younger soccer participant, has determined to receive a part of his fee in Bitcoin
Following within the footsteps {of professional} athletes like Russell Okung and Odell Beckham Jr., Tagoa’i is adopting this fee technique as a part of his “identify, picture, and likeness” (NIL) deal with the College of Southern California (USC).
Tagoa’i’ll obtain a portion of his NIL earnings via the Strike app. Different faculty athletes have earned payouts beneath related agreements. For instance, Shedeur Sanders reportedly obtained as much as $4.7 million for his NIL partnership.
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Tagoa’i famous that the deal is a game-changer. He acknowledged, “By taking a part of my NIL earnings in Bitcoin, I’m setting myself up for long-term monetary progress”. He added:
I am proud to be a part of this modern collaboration that is redefining the way forward for faculty athletics and finance and hope to set an instance for different younger athletes to consider their monetary future.
NIL offers permit organizations to make use of an athlete’s identify, picture, or likeness in varied methods, comparable to on merchandise, in video video games, or for model endorsements. These offers have created new alternatives for athletes to monetize their private model whereas nonetheless in faculty.
As athletes like Tagoa’i embrace Bitcoin, cryptocurrencies proceed making waves in different sports activities arenas. Not too long ago, Crypto.com sponsored a golf match, providing a $10 million prize pool in its native Cronos token. Might this sponsorship deliver pleasure to golf gamers? Learn the total story.
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