Odell Beckham Jr.’s $40 Million Net Worth Might Take a Huge Hit After 2021 Decision into Convert Salary to Crypto

Free agent Odell Beckham Jr. is arguably the most sought-after wide receiver in the NFL right now. While he is currently exploring all his options, he received pretty massive news regarding his financial situation.

As per earlier reports, OBJ has converted his 2021 salary into cryptocurrency, i.e. Bitcoin. Recently, there has been a massive collapse in the crypto market, which is affecting the financial world massively. According to reports, Beckham Jr. is still holding onto his 2021 Bitcoin and it would cost him around $200k to cash it.

Odell Beckham Jr. is on the verge of losing a lot of money

Notably, OBJ signed with the Rams last season in November for a $750,000 deal. After signing with them, he decided to convert all his salary into bitcoin. At that time, the value of one Bitcoin was around $60k.

After the recent collapse in the cryptocurrency market, the current value of one Bitcoin is around $16k. If OBJ were to cash in his Bitcoin now, he has to pay an additional $187,250 to recover the amount.

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Notably, the current Net Worth of OBJ is around $40 million. As per the current scenario, he could lose a lot of money if he decides to cash in his Bitcoin, which could also impact his Net Worth. However, it seems like he should hold on to his Bitcoin for now and try to cash in later if the market of the cryptocurrency improves.

OBJ is looking for a new team for the 2022-23 season

Meanwhile, the former Rams wide receiver is currently looking for a new team in the current NFL season. This year in the Super Bowl, he suffered an ACL injury, which forced him out of the field for several months. Currently, he is on his way to becoming fully fit.

We already have many rumors about him joining several clubs. Dallas Cowboys owner Jerry Jones and their HC Mike McCarthy earlier talked very highly of the wide receiver. This incident sparked plenty of rumors among fans about OBJ joining America’s team. Meanwhile, OBJ’s former teammate Von Miller, who plays for the Bills currently, spoke to the WR and tried everything in his power to bring in the Bills team.

Which team OBJ will choose during this season? Let us know your thoughts in the comments.

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