Sean Culkin, Latest NFL Player to Announce Bitcoin Salary, Cut From Chiefs
The tight end's tenure in Kansas City ended before it even began.
Culkin was seeking to one up Russell Okung, the offensive tackle who started converting half his salary into bitcoin starting late last year. Okung's contract was for $13 million; Culkin's was set for $920,000.
The news of Culkin's dismissal comes on the day quarterback Tom Brady added laser eyes to his Twitter bio, a move that sent observers into a tizzy over whether the legend was also stocking up on BTC.
A call to Culkin's agent was not immediately returned.
Danny Nelson contributed reporting.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.