In the year that Lawrence became a member of Blockfolio they announced their endorsement deal via the form of a press release. In the release they described the cash they paid Lawrence as a "signing bonus," likely as a method of sounding athletic, and claimed they were depositing the reward into a crypto wallet for the QB."This partnership is the first time in history where a significant sign-up bonus was paid in cryptocurrency Mut 24 coins. The bonus was directly deposited into the player's Blockfolio account and also included Bitcoin, Ethereum and Solana."

There's nothing called"signing bonus" or "signing bonus" in relation to an endorsement contract. The endorsement contract is all that's needed. Once you sign the agreement in exchange for money -- or in the case of Lawrence that's crypto. While the use of this term in sports is not a huge deal however, this is where things went off the rails. Following the Blockfolio press release, USA Today aggregated the announcement and the confusion began.

The article coMadden NFL 24 used the term "signing bonus" which was given within the Blockfolio press release. Then, it blended it with Lawrence's actual Madden NFL 24 reward for signing with the Jaguars in reporting it to be $24.1M and relying on Spotrac as a source."The presumptive number. one overall selection during the 2021 Madden NFL 24 draft, almost surely headed to Jacksonville Jaguars Jacksonville Jaguars, has partnered with a cryptocurrency investment app known as Blockfolio and plans to transfer his signing bonus into an account with the company."

"According to Spotrac, the signing bonus the No. 1 choice is estimated to be $22.630.055." So now we have an endorsement contract with Blockfolio, probably not much in comparison to other endorsement deals, which was paid directly in crypto . And now it has been linked to Lawrence's enormous Madden NFL 24 signing bonus from the league. However, it's been misrepresented that money was placed into crypto. Whether an honest mistake cheap madden 24 coins, or just an attempt to make a story more sexually appealing, we're at the same point: an endorsement deal with a crypto-related company was paid in cryptocurrency, and that's all there is to it.