Bitcoin Salary Options Coming to A Sacramento Basketball Team

The Sacramento Kings are set to end up being the very first recreations being major to offer a bitcoin repayment option to all players and staff, group chairman Vivek Ranadivé stated on Clubhouse on Monday.

We confirmed with a other speaker on the Clubhouse program, that was hosted by Tim Draper, that Ranadivé had previewed his announcement scheduled for later this week. News for the announcement first circulated on Twitter.

The move would strengthen the Kings’ longstanding claim to being one of the most crypto-forward teams in expert activities. The California NBA team began everything that is attempting to sell seats to hot dogs for bitcoin in 2014 as well as in 2019 launched benefits token for fans.

Read more: NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens
It was ambiguous at press time how a Kings will facilitate bitcoin repayments to players and staff. It partnered with BitPay for the 2014 offering. BitPay failed to instantly respond to CoinDesk.

NFL player Russell Okung made headlines 12 months that is late last becoming the very first NFL player to convert a few of his $13 million income into bitcoin. Okung used Zap’s Strike item to convert bucks to BTC.

A agent for the Kings didn't find the phone up.