Although the cryptocurrency market can sometimes be volatile, New York Giants running back Saquon Barkley intends to use it to his benefit, potentially creating “generational wealth” outside the game of football.

Barkley announced on Wednesday that he will take/convert all future marketing revenue in the form of Bitcoin, the world’s largest decentralized digital currency.

“I’m taking my marketing money in Bitcoin,” Barkley said during an appearance on ‘The Best Business Show.’ “When you see the KDs, the Lebrons, and [Tom] Bradys of the world, and you want to create generational wealth, you can’t do that with the sport that I play. . . and coming off of injuries. When you sit out of football for a whole year, you realize that this game could be taken away from you.”

Barkley has already done endorsement work for Nike, Panini America, Campbell Soup Company, Toyota, Hulu and Pepsi, and he recently became a shareholder in X2 Performance. He reportedly averages about $10 million in marketing revenue annually.

But Barkley isn’t necessarily blazing a trail. Several other NFL players have also sought to have their marketing revenue or even league salary converted into Bitcoin or other cryptocurrencies.

Jacksonville Jaguars rookie quarterback Trevor Lawrence recently had his $24.1 million signing bonus put into an account for Blockfolio. Kansas City Chiefs tight end Sean Culkin also had his entire salary converted to Bitcoin.

Barkley has not gone to those lengths yet, but should the Giants eventually extend his contract, it will be interesting to see if he opts for the cryptocurrency route.

(Excerpt) Read more Here | 2021-07-15 05:55:00
Image credit: source

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