OBJ’s bitcoin bet looks pretty smart now
When Odell Beckham Jr signed for the Los Angeles Rams in 2021, he made a pretty bold decision, opting to take his wages for the season in bitcoin.
Now, with bitcoinsoaring over the last week, OBJ is biting back at BTC critics who scoffed at his decision at the time, and through the years since as bitcoin fluctuated, tweeting a screengrab of the coin’s record $92K price tag on Wednesday.
While we don’t know exactly how much of Beckham Jr’s total pay packet was crypto-based — he reportedly took a $500,000 signing bonus, $750,000 base salary, and $3 million in incentives after winning the Super Bowl with the Rams in Feb 2022 — we tracked what the $4.25 million bag would be worth today… IF Odell had hypothetically held its entire value in the coin. It would have been quite a ride: for a few years his decision would have left him underwater, with his theoretical holdings losing more than half of their value at one point, but if he held all the way to the record highs we’ve seen in the wake of Trump’s victory, it’d be worth nearly $11 million.
While we don’t know exactly how much of Beckham Jr’s total pay packet was crypto-based — he reportedly took a $500,000 signing bonus, $750,000 base salary, and $3 million in incentives after winning the Super Bowl with the Rams in Feb 2022 — we tracked what the $4.25 million bag would be worth today… IF Odell had hypothetically held its entire value in the coin. It would have been quite a ride: for a few years his decision would have left him underwater, with his theoretical holdings losing more than half of their value at one point, but if he held all the way to the record highs we’ve seen in the wake of Trump’s victory, it’d be worth nearly $11 million.
