[ad_1]
Lionel Messi signed a two-year contract with Paris Saint-Germain on Tuesday, and part of his contract is paid for in cryptocurrency fan tokens, according to the French football club.
The two-year, $ 41 million deal for the international superstar includes bonuses, a third-year option and a $ 30 million entry fee.
Messi’s welcome pack also included $ PSG Fan Tokens. PSG did not disclose the number of tokens Messi received, but said the amount was significant, according to Reuters. Tokens allow holders to vote on decisions related to football clubs and have become a new source of income.
Fan tokens generated nearly $ 200 million in revenue for partner clubs in 2021, according to Socios.com.
Messi joins several athletes who are paid in one form or another with crypto.
Tom Brady entered into a partnership with FTX in exchange for an equity stake and an unspecified amount of cryptocurrency. NFL top pick Trevor Lawrence has agreed to a multi-year sponsorship deal with Blockfolio. The Jacksonville Jaguars QB received its signing bonus in Bitcoin, Ethereum and Solana.
The PSG fan token has climbed more than 130% in just five days after speculation about Messis joining the club. The token has a market cap of around $ 52 million and closed on Tuesday at a record high of $ 60.
|
Sources 2/ https://frontofficesports.com/lionel-messi-new-psg-deal-inclues-crypto/ The mention sources can contact us to remove/changing this article |
[ad_2]