The Rick Hamada Program

The Rick Hamada Program

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Kansas City Chiefs Tight End Taking Entire 2021 Salary in Bitcoin

Bitcoin mania has now hit the NFL. Kansas City Chiefs tight end Sean Culkin is going to take his entire 2021 salary in bitcoin. The Chiefs will pay Culkin's $920,000 base salary in dollars that will be converted to bitcoin each week through the Strike by Zap app. The app lets users make bitcoin payments with a debit card or bank account. Culkin gave his reason for converting his NFL salary to bitcoin: "Considering my career, particularly its physical demands and brevity, it makes the most sense to be paid in sound money that I believe protects its purchasing power over time." Culkin, who's believed to be the first NFL player to receive a salary in bitcoin.

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