After Lawrence was signed on to Blockfolio they announced their endorsement agreement in the
Madden 23 ltds coins form of a press announcement. In the press release, they mentioned the cash they paid Lawrence as a "signing bonus," likely as a attempt to sound sporty, saying they were depositing the bonus into an online crypto wallet on behalf of the QB."This partnership is the very first endorsement deal ever in which a significant signing bonus was paid entirely in cryptocurrency. The bonus was deposited directly to the Lawrence's Blockfolio account and included Bitcoin, Ethereum and Solana."
There's nothing like"signing bonuses" or "signing bonus" when it comes to an endorsement deal. The endorsement contract is all that's needed. Once you sign the agreement in exchange for money -- or in Lawrence's case that's crypto. While the use of this term in sports is fairly innocuous but here's where things went off the rails. Following the Blockfolio press release, USA Today aggregated the information and this is where that the confusion started.
The story coMadden NFL 23 added the word "signing bonus" that was mentioned within the Blockfolio press release. It then combined it with Lawrence's real Madden NFL 23 sign-on bonus from the Jaguars -- claiming
cheap madden nfl 23 coins
the amount as $24.1M as well as using Spotrac as a source."The most likely No. 1 overall pick in the 2021 Madden NFL 23 draft, probably headed to an NFL team like the Jacksonville Jaguars, has partnered with a world-wide cryptocurrency investment app known as Blockfolio and will deposit his signing bonus into an account at the company."
