The professional league baseball club – Perth Heat – would pay all of its players and staff in bitcoin. Additionally, the Australian team could accept BTC as a payment method for merchandise, sponsorships and stadium concessions on match days.
“The Heat” to fully adopt Bitcoin
A report from The Guardian says the cryptocurrency option will be available from Friday, November 19 after partnering with a digital asset payment company. BTC regulations will not be mandatory as each player and team member will choose how to receive their salary.
The combination of crypto payments and traditional dollars will also be possible. Perth Heat CEO Steven Nelkovski said this was the first time a sports team had jumped “all-in on a Bitcoin standard:”
“We give players the freedom to decide what is best for their unique situation. The whole process is very similar to the traditional payment process with an additional variable that is how much of their salary they want to keep in bitcoin.
Nelkovski added that all players and administrative staff working for the team support the adoption of crypto because they “seized the opportunities that bitcoin payment can offer.”
“The Heat” (as baseball fans in Australia call the team) will also create a new position of Chief Bitcoin Officer filled by Patrick O’Sullivan. He sees BTC as the “future of money” and predicted that “corporate treasures will live on the bitcoin blockchain”.
Perth Heat is Australia’s most successful baseball club and a founding member of the Australian Baseball League (ABL). Founded in 1980, it has won 15 titles in its history. He has also triumphed four times for the ABL Championship.
Adoption of crypto in the sports sector
Paying athletes with bitcoin or other alternative coins isn’t entirely new. In April of this year, NBA giant – The Sacramento Kings – allowed all of its employees to receive their paychecks in bitcoin instead of USD if they wanted. “The Kings” was also the first Association team to introduce BTC as a payment method for tickets in 2014.
The Dallas Mavericks – another professional basketball club owned by Mark Cuban – have also shown a pro-crypto approach. In May, the team announced that they would accept Dogecoin (DOGE) as a payment method for match tickets and merchandise. Prior to that, it already supported digital asset payments including BTC, BCH, ETH, USDC, GUSD, PAX, and BUSD.
The National Football League (NFL) also has its examples of Bitcoin bulls, with Aron Rodgers the latest to reveal himself. Earlier this month, the Green Bay Packers quarterback pledged to convert a portion of his NFL winnings into bitcoin.
Additionally, the seven-time Super Bowl winner – Tom Brady – has previously stated that he “would love” to receive a portion of his winnings in Bitcoin (BTC), Ethereum (ETH) or Solana (SOL) tokens.
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