Michigan football quarterback will receive crypto pay in an endorsement deal

TL;DR Breakdown • Michigan Wolverines athlete Cade McNamara signs first crypto pay deal.• College athletes may lend their image and name for cryptocurrency advertising by NCAA order. Cade McNamara, the Michigan team quarterback, will receive crypto pay in a recently new deal. More Management’s crypto services company has announced that they had agreed on a deal with McNamara to advertise their platform. More Management’s goal is to gain momentum in cryptocurrency trading, and they believe McNamara can help them meet those goals. The Michigan player is thought to be the first athlete to be paid in crypto for a valid crypto agreement/deal. Advertising crypto pay is normalized in the sports world Cade McNamara, the Michigan Wolverines quarterback, is excited to be part of the team at More Management and receive crypto pay. The athlete wants to learn about crypto and how the entire cryptocurrency pay system works and has urged people to do the same. The college-level sports scheme was renewed in July when the National Collegiate Athletic Association admitted external payments. Regardless of their source of income, companies can pay athletes for their image to run various advertising campaigns to boost them. In early August, Yummy Crypto, a decentralized e-commerce company, made a tempting offer to the Florida State team. The crypto exchange offered to pay each player $500 in crypto to advertise their services online....