The biggest omission everyone noticed was the obvious indignation by excluding Trent Williams, one of the greatest modern players of team history, while the likes of Kirk Cousins and Madden 23 coins were among the players on the roster. Williams was probably left off since he had requested a trade, and after some outrage, the nine-time Pro-Bowler was added to the list.
There's been lots of confusion surrounding Trevor Lawrence's first-round signing bonus and the possibility that the no. first overall pick of 2021 could have lost a staggering amount of money betting it on cryptocurrency which , as we've heard has experienced a crash in recent months.
This week there were numerous reports that Lawrence dropped almost $15 million due to his contract. Fully open, us at SB Nation we did as well . However, the truth is that Lawrence probably didn't lose all of his Madden NFL 23 cash. The confusion stems from an endorsement contract pre-draft Lawrence has signed using "Blockfolio," and the phraseology used by the company when they inked Lawrence in April of 2021.
As soon as Lawrence came to Blockfolio they announced their endorsement deal in a press release. In it they referred to the amount they paid Lawrence as an "signing bonus" likely as a shorthand method of sounding like a sportsperson, claiming they were depositing the reward into one of their crypto wallets for the QB."This partnership is the first ever endorsement agreement in where a significant sign-up bonus was paid in cryptocurrency. The bonus was directly deposited to the Lawrence's Blockfolio account, and comprised Bitcoin, Ethereum and Solana."
There's nothing called a "signing bonus" when it comes to an endorsement contract. It's the endorsement contract. After you sign it and get paid -- or in the case of Lawrence that's crypto. While the use of this term in sports is fairly innocuous but here's where things got a bit more complicated. In the wake of the Blockfolio press release, USA Today aggregated the news and it's here the confusion began.
The report coMadden NFL 23 added the word "signing bonus" which was given in the Blockfolio press release. It also combined it with Lawrence's real Madden NFL 23 bonuses for signing from the Jaguars in reporting the amount as $24.1M and using Spotrac as a source."The most likely number. 1 overall pick in the 2021 Madden NFL 23 draft, almost surely headed to an NFL team like the Jacksonville Jaguars, has partnered with a worldwide cryptocurrency investment platform called Blockfolio and will transfer his prize in an account owned by the company."
"According to Spotrac The signing bonus next year's top. 1 choice is estimated to be $22.630.055." So we have an endorsement contract with Blockfolio, which is likely to be quite modest in comparison to other endorsement deals and was paid with crypto. It's recently, it's been tied to Lawrence's massive Madden NFL 23 signing bonus from the league. The league has also misreported that the money was put into cryptocurrency. Whatever the reason, whether it's a genuine mistake or an effort to create a story a little sexier, we're in the same place: An endorsement agreement with a crypto firm was paid for in crypto and nothing more.
Then, on Tuesday, an editor from the Sun Sentinel took information published by Coinjournal and put out the following tweet, mocking and mocking the Jaguars QB. Of course, we know it's not true -- because there's no evidence that Lawrence put his $24M in cryptocurrency. This was however mentioned in many news reports that stated that Lawrence did not have the money even though that's not the mut coins madden 23.
