Cade Cunningham Receiving Entire Signing Bonus In Bitcoin!
On Thursday, Cryptocurrency platform BlockFi announced they were in agreement on a multi-year partnership with Cade Cunningham.
If you recall, Cunningham was selected by the Detroit Pistons with the No. 1 overall pick in the NBA. Now he’s on to the future with his money with Bitcoin.
BREAKING: Cade Cunningham, the 1st overall pick in the 2021 NBA Draft, has signed an exclusive, multi-year partnership with crypto company @BlockFi.
As part of the deal, Cunningham is being paid 100% of his signing bonus in Bitcoin. pic.twitter.com/UKsWZYajgB
— Joe Pompliano (@JoePompliano) August 19, 2021
CelebnSports247.com reports that the rising star will receive his signing bonus from BlockFi directly in bitcoin.
As part of the agreement, Cade Cunningham will collaborate with BlockFi on educational videos, promotional giveaways, exclusive interviews, and other efforts “to raise awareness about the value of cryptocurrencies.”
The 19-year-old said:
Many hardworking people still don’t have access to cost-efficient, reliable options to save and invest.
Cunningham will make $45.6 million over the next four years as part of his rookie contract with the Pistons, which is separate from his signing bonus.
The 6-foot-8 point guard was named the Big 12 Player of the Year and Freshman of the Year after averaging 20.1 points, 6.2 rebounds, 3.5 assists and 1.6 steals per game for the Oklahoma Cowboys.
Last month, Cunningham told ESPN:
I’m not playing basketball just for fun anymore. It’s a business now, and that’s the blessing of it. . . . Marketing myself, I want to be fully authentic with who I am. I don’t want to take any marketing deals that don’t match who I am.
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