Russell Okung will receive half of his $13 million salary in the form of Bitcoin

Carolina Panthers tackle Russell OkungGetty Images
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Bitcoin is going pro.

Carolina Panthers tackle Russell Okung will receive half of his $13 million salary in the form of the volatile cryptocurrency, a payments startup announced Tuesday.

The move makes him the first player from any of the big four US sports leagues to be paid with a cryptocurrency, CoinDesk reported, adding that the NFL and NFL Players Association had to approve the move. Okung will receive the bitcoin through Zap, a startup that converts traditional paychecks into bitcoin.

Okung tweeted in May 2019 that he wanted to be paid with the digital token.

The 32-year-old Texas native likely won’t be the last professional athlete to be paid via digital currency. Zap founder Jack Mallers told CoinDesk that unnamed players on both the Yankees and Brooklyn Nets have joined the program.

Bitcoin has been on a tear of late, surging past the $20,000 mark for the first time earlier this month and recently trading as high as $28,387 per coin. and all other affiliates of 360 and all details, content materials, products and services (including press releases, blog posts, and announcements) on or otherwise made available to you through this website are provided by 360 Sports, Inc. on an “as is” and “as available” basis, unless otherwise specified in writing. 360 Sports, Inc. makes no representations or warranties of any kind, express or implied, about the operation of this website or the information, materials, products (including software) or services listed on or otherwise made available to you through this site, unless otherwise pointed out in writing. You expressly agree that your use of this website is at your own risk. None of the blog posts published on and all other affiliates of 360 should be construed as investment advice. We strongly advise our readers to always do their due diligence before making any investment decisions.


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