Odell Beckham Jr joined the Los Angeles Rams mid-season from the Cleveland Browns. Back in November, the talented wide receiver shifted to sunny LA. With this change, Beckham decided to take his new salary in a unique way.
We all know how OBJ likes to be one step ahead of everybody. It doesn’t matter if it’s the football field or the economy, Beckham wants to be the best. Keeping that in mind, Beckham asked the Rams to pay his entire salary in Bitcoin. Things might have not gone as planned for him, however. Odell Beckham Jr is losing money at the moment.
The amount of people applauding players changing their salary into Bitcoin as if they were heroes has been comical.
Rams WR Odell Beckham Jr., at least in the moment, provides a cautionary tale. pic.twitter.com/uW0QDdJrYy
— Darren Rovell (@darrenrovell) January 23, 2022
ADVERTISEMENT
Article continues below this ad
What is the actual salary of Odell Beckham Jr?
Some insiders have recently revealed information about Beckham’s bitcoin salary. With recent developments in the crypto market, the NFL superstar has suffered a financial stint.
Darren Rovell is a reputed sports journalist. He recently gave us some insights on OBJ’s salary in a tweet. In the tweet, Rovell stated how the fans were celebrating the players who were taking Bitcoin. He said people applaud them like heroes. The journalist also warned everyone by presenting Odell Beckham Jr as an example.
On 12th of November, OBJ signed the Rams on a deal worth $750,000. He announced he will take all of it in Bitcoin. Back then, Bitcoin was worth $64,293, but as of today, its value has fallen. Today Bitcoin is worth $35,400. The value of Beckham’s entire salary is $412,953. The wide receiver has suffered a huge blow. On top of that, the state of California will charge Beckham 50.3% tax.
The risk of crypto is no joke
ADVERTISEMENT
Article continues below this ad
Many high-profile athletes and celebrities invest in crypto. Many people like to make a quick buck from Bitcoin. Green Bay Packers star quarterback Aaron Rodgers also announced that he will receive a part of his salary in Bitcoin. The quarterback signed that deal last year. After the enormous drop, Odell Beckham Jr will only make $35,703 from his one-year contract.
ADVERTISEMENT
Article continues below this ad
Other than Bitcoin, OBJ also owns a few NFTs. Those seem to be safe at the moment, but in today’s market, nothing is certain. One should always take care of this matter and should only invest after having proper knowledge. Investing in Bitcoin is risky and could lead to a loss.
Watch This Story: Three Current NFL Head Coaches Who Worked With Jay Gruden at Washington Football Team
