Yesterday I stumbled across an article discussing how the NBA team, the Sacramento Kings, were gearing up to offer bitcoin as a salary option for all of their employees! What floored me by this was not only it being offered but you could set aside any percentage you wanted to to be paid in Bitcoin! Players were even included in this which from what I have learned is the first time it is being offered directly by the team!

The other big news out of Cali sports teams recently was the Oakland Athletics and how they accepted Bitcoin to pay for one of their suites. When I first read about this a few weeks ago I figured that that meant the team was going to accept it but then convert it into fiat so that the cash would be available. I was wrong though as now Oakland has come out to say that they will be HODLERS! A very very interesting thing to see a smaller market team like Oakland take but one which could pay off royally for them!

I love seeing this! Cali teams for a while now have been at the forefront of blockchain and crypto for a while now. This goes all the way back to the first “digital bobble head” being released by the Los Angeles Dodgers in 2018! This bobble head though would now be considered an NFT making the Dodgers I believe the first American sports team to release one!

I look forward to seeing other teams continue to interact with blockchain and crypto as there are so many different things they could do! With the blockchain and crypto sector growing innovation continues to explode and adding the deep pocket owners of sports team will definitely help! Sports fan live and die for their teams and many fans would definitely follow the teams as they chart their own courses!