They were depositing the bonus into an online crypto wallet on behalf of the QB

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The moment that Lawrence joined Mut 23 Coins they announced their endorsement agreement in the form of a press release. The press release referred to the money they were paying Lawrence as an “signing bonus,” likely as a method of sounding like a sportsperson, claiming they were depositing the bonus into an online crypto wallet on behalf of the QB.”This partnership marks the first endorsement deal ever in which a substantial signing bonus has been paid entirely in cryptocurrency. The bonus was deposited directly into the player’s Blockfolio account, and comprised Bitcoin, Ethereum and Solana.”

There’s not a thing called”signing bonuses” or “signing bonus” in the context of an endorsement contract. It’s simply the endorsement contract. After you sign it, you get paid money — or in the case of Lawrence it’s crypto. Although the term used in sports is relatively harmless but it’s in this instance that things started to get a little confusing. After the Blockfolio press release, USA Today aggregated the news , and that’s where the confusion began.
Last week Kyler Murray was named one of the Madden NFL 23’s highest-paid quarterbacks when he inked the five-year, $230 million contract. This was a show of confidence, a display of faith and confidence, a clear proof to the Cardinals believed that Buy Mut 23 Coins Murray was going to lead their franchise into the future. After a few days the whole thing is gonebeing replaced by a worrying and frankly offensive warning to the contract.

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