The story was co-written by Madden NFL 24
Online Games / by berger Nevill / 99 views
There’s no such thing as a “signing bonus” in relation to an endorsement deal. It’s simply an endorsement contract. You sign the deal, you get paid money — or in the case of Lawrence the crypto. While the usage of the word “sports” is relatively harmless the moment you read it, things took a jump. Following the Blockfolio press announcement, USA Today aggregated the information and this is where that the confusion started.
The story was co-written by Madden NFL 24 with the term “signing bonus” which was given by the Blockfolio press release. It also blended it with Lawrence’s actual Madden NFL 24 bonuses for signing from the Jaguars — reporting it as $24.1M and using Spotrac as source. source.”The presumptive No. 1 overall pick for the 2021 Madden NFL 24 draft, almost surely headed to Jacksonville Jaguars Jacksonville Jaguars, has partnered with a world-wide cryptocurrency investment app known as Blockfolio and plans to transfer the money he earns from signing into an account of the company.”
“According to Spotrac, the signing bonus this year’s No. 1 selection is $22.630.055.” So now we are dealing with an endorsement from Blockfolio, probably not much in comparison to other endorsement deals that was paid in crypto . And recently, it’s been tied to Lawrence’s enormous Madden NFL 24 signing bonus from the league. However, it’s been misrepresented that the cash was transferred into crypto. Whatever the reason, whether it’s a genuine mistake or a plot to turn a story seem more sexually attractive, we’re left at the same spot: An endorsement deal with a crypto-related company was paid for in crypto and that’s all there is to it.
On Tuesday, an editor from The Sun Sentinel took information published by Coinjournal in an unintentional tweet mocking The Jaguars QB. Of the course, it’s true that it’s not true -as there is no proof that Lawrence invested his $24 million in crypto. But this fact was mentioned in several stories claiming that Lawrence did not have the money and lost it, even though this isn’t the instance.
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