This NBA Team Will Soon Have the Option of Being Paid in Bitcoin

Yesterday, Vivek Ranadivé, the chairman and CEO of the Sacramento Kings, disclosed in a Clubhouse room that he would be open to paying everyone in the organization in Bitcoin.

In 2014, the Kings became the first basketball team to allow fans to buy merchandise in Bitcoin.

Although the Kings are the first NBA team to give its players and staff the option to be paid in cryptocurrency, athletes in other leagues have already invested in it.

“Money is more than currency; it’s power,” Okung said in a statement obtained by NBC Sports in February.

…Read the full story