Russell Okung has been in the league for 11 years now. When it comes to his money, he has been making all the right moves with it.
Back in December, Okung decided that he wanted half of his $13 million contract for 2020 in Bitcoin -a cryptocurrency.
Bitcoin was $27,000 at the time.
Fast forward to now, and the price is now at $61,000 and it has turned his $13M annual salary into over $21 million. It has made him one of the 30 highest-paid players in the entire league.
“Money is more than currency; it’s power,” said Okung in a statement. “The way money is handled from creation to dissemination is part of that power. Getting paid in bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit.”
“When we are all paid in bitcoin, no one can tell us what to do with the value we create … In a post-fiat world, you won’t have to worry about your labor and time being stolen.”
The 32-year-old Okung is the first NFL player to have a portion of his contract in Bitcoin.