USC Football Player Gets NIL Earnings In Bitcoin: ‘Setting Myself Up For Long-Term Financial Growth’
The ability for college athletes to be paid for their name, image and likeness in a blockbuster 2021 NCAA agreement has changed NCAA Football forever and will see one player get paid in Bitcoin (CRYPTO: BTC) in 2025, following other professional athletes into cryptocurrency.
What Happened: Since the approval of NIL deals, top NCAA Football players have been able to earn thousands and millions of dollars on deals.
USC recruit Matai Tagoa’i announced he will be paid in Bitcoin for a portion of his NIL payments starting next year, as reported by On3.
The deal comes through a partnership with Strike, a Bitcoin payments app. USC NIL collective House of Victory helped facilitate the deal.
“This is a game-changer for me. By taking part of my NIL earnings in Bitcoin, I’m setting myself up for long-term financial growth. I’m grateful to Strike, House of Victory and 3Point0 Labs for helping me take this step,” Tagoa’i said.
With the deal, Tagoa’i is believed to be the first college athlete to get paid NIL payments in Bitcoin.
“I’m …