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Sacramento Kings will start paying players salaries in bitcoin

The NBA’s Sacramento Kings basketball club may become the first major sports club to pay players and staff in bitcoin.

According to the statement of the chairman of the basketball club “Sacramento Kings” Vivek Ranadivé on the social network Clubhouse, soon the club’s players will be able to receive their salaries in bitcoin. Ranadive confirmed this information in a broadcast hosted by Tim Draper. According to the chairman of the club, an official statement will be released this week.

The Sacramento Kings are one of the most progressive sports teams in terms of attitudes towards cryptocurrencies. Back in 2014, the NBA basketball club began accepting payments in bitcoin. In the summer of 2018, Sacramento Kings announced the launch of the MiningForGood charity program, within the framework of which the Golden1Center teams will install miners to mine ETH on the home arena.

In addition, the NBA basketball club became the first professional sports team in the United States to develop a cryptocurrency token to reward fans, as well as launch an Ethereum auction platform for the sale of sporting goods. In 2014, Sacramento Kings partnered with BitPay to accept Bitcoin payments.

Recall that earlier the Miami Dolphins football team began accepting payments in LTC, and the Portuguese football club Benfica began selling souvenirs for cryptocurrencies. West Ham United Football Club launched a fan token and Real Madrid began using the Fantastec blockchain to host content.

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