Southampton To Pay Bonuses In Bitcoin

Bitcoin continues to creep into professional soccer as Southampton Football Club signed a three-year deal with Coingaming Group to be the club’s main partner, which will see Sportsbet.io remain its jersey sponsor, according to a report.

This partnership allows Southampton’s players to receive their yearly performance bonus paid in BTC and is the biggest sponsorship in its club history, per the report.

Let’s put into perspective how bullish this can be for Bitcoin: The Saints’ star striker Danny Ings’ salary makes him about $5.35 million (£3.9 million) per year. If he’s paid a 5 percent bonus, for instance, that would net him about $268,000 (£195,000) in bitcoin.