"The presumed number. 1 overall pick for mut 24 madden coins the 2021 Madden NFL 24 draft, probably headed to the Jacksonville Jaguars, has partnered with a global cryptocurrency-based investment application called Blockfolio and will transfer the money he earns from signing into an account of the firm."
"According to Spotrac the amount of the signing bonus This year's No. 1 choice is estimated to be $22.630.055." This means that we have an endorsement deal from Blockfolio that is probably quite small when compared to other deals that was paid in cryptocurrency -- and the deal has now been linked to Lawrence's enormous Madden NFL 24 signing bonus from the league, and misreported the fact that the money was deposited into crypto.
Whatever the reason, whether it's a genuine mistake or an effort to create the story a little sexier, we're left at the same place: an endorsement agreement with a crypto-related company was paid with crypto and nothing more.
Then, on Tuesday, someone writing for The Sun Sentinel took information published by Coinjournal as well as a tweet poking fun at The Jaguars QB. Of obviously, we know this is entirely inaccurate -as there is no proof that Lawrence invested his $24 million in cryptocurrency. However this was cited in several stories claiming that Lawrence had misplaced his bag and lost it, even though this isn't the circumstance.
It's all good news. There is no reason to be concerned about anyone who loses money, even as a source of schadenfreude. Trevor Lawrence is a really good guy, and it makes me sick to think he didn't get the biggest payoff of his professional football careerHowever, he's probably only lost a chunk out Madden 24 coins of the initial endorsement deal. The deal isn't perfect, but it's far from a catastrophe.
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