Odell Beckham Jr. may have came up big on the football field this past weekend when his team beat Tom Brady and the Buccaneers in playoff game. Sadly off the field his pay check the Rams is taking a big hit. Odell Beckham Jr when he signed with the Rams decided to convert his pay from dollars to bitcoin. The news was reportedly by Darren Rovell, who pointed out details in OBJ’s situation. Via Twitter, Rovell said “At the time, [of OBJ signing his contract] Bitcoin was worth $64,293. Today it is worth $35,400.” From there, Rovell broke down how much the deal is worth, saying Beckham’s deal is only worth $412,913 at the moment. Rovell continued saying “Odell will be taxed on $750,000. Federal & CA state tax will be 50.3%. That means Odell, as of now has netted $35,703.” Beckham still may be able to get the full worth of his contract, as the volatility of the coin finds the price moving in either direction regularly. Stay tuned for more updates.
Was this a dumb move by OBJ?
The amount of people applauding players changing their salary into Bitcoin as if they were heroes has been comical.
Rams WR Odell Beckham Jr., at least in the moment, provides a cautionary tale. pic.twitter.com/uW0QDdJrYy
— Darren Rovell (@darrenrovell) January 23, 2022
