The post Russell Okung Creates Flag Football League with Bitcoin-Only Player Payments appeared on BitcoinEthereumNews.com.

TLDR Ex-NFL player Russell Okung launches Bitball, a flag football league where players are paid in Bitcoin First game scheduled for December 10 in Abu Dhabi with 24 professional players Okung’s 2020 Bitcoin salary conversion (240 BTC) now worth approximately $21 million Bitcoin recently hit new all-time high of $93,477 following Trump’s election Okung has never sold his Bitcoin and continues to accumulate more Russell Okung, former Carolina Panthers offensive tackle, has announced the creation of Bitball, a new professional flag football league that will pay its athletes exclusively in Bitcoin. The league is set to debut on December 10 at Al Nahyan Stadium in Abu Dhabi, featuring 24 professional football players. Okung made the announcement on X (formerly Twitter) on Thursday, outlining his vision for a sports league that eliminates traditional financial intermediaries. The league aims to provide players with direct Bitcoin payments, removing what Okung refers to as “middlemen taking their cuts or making backdoor deals.” when I said ‘pay me in Bitcoin’, it was just the beginning announcing: @playBITBALL. 12.10.24, Al Nahyan Stadium, Abu Dhabi@bitcoinmenaconf ticket holders attend free pic.twitter.com/9jVjnPgOgy — OKUNG 🐆 (@RussellOkung) November 14, 2024 The concept for Bitball emerged after Okung’s departure from the NFL, where he had unsuccessfully attempted to convince league owners about Bitcoin’s potential. His personal experience with cryptocurrency dates back to December 2020, when he made headlines by converting half of his $13 million NFL salary into Bitcoin. That decision has proved profitable. The approximately 240 Bitcoin Okung received, worth $6.5 million at the time, would now be valued at around $21 million. In a recent interview with Decrypt, Okung confirmed that he has maintained his entire Bitcoin position and continues to acquire more of the cryptocurrency. The inaugural Bitball game will be accessible to Bitcoin conference ticket holders at…

---

Filed under: News - @ November 15, 2024 3:24 pm