Australian baseball club Perth Heat will pay salaries in Bitcoin

Perth Heat, Australian baseball club, will pay salaries in Bitcoin - 4CE228C45969E99DF6584C2505EE7468CE890115539D7355782E3B6A75D3D252The Baseball League's professional club - the Perth Heat - will reportedly pay all of its players and staff in bitcoin. Additionally, the Australian team may accept BTC as a payment method for baseball field merchandise, sponsorship and concessions on game days.

“The Heat” will fully embrace Bitcoin

A report from The Guardian says the cryptocurrency option will be available from Friday (Nov 19) after partnering with a digital asset payment company. BTC settlements will not be mandatory as each player and team staff will choose how to receive their salary.

It will also be possible to combine payments in cryptocurrencies and traditional dollars. Perth Heat CEO Steven Nelkovski said this is the first time a sports team has jumped "all-in on bitcoin:"

“We are giving 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 added variable being how much of their salary they would like to keep in bitcoin. "

Nelkovski added that all the players and administrative staff working for the team support the adoption of cryptography as "they have embraced the opportunities that being paid in bitcoin can provide."

"The Heat" (as baseball fans in Australia call the team) will also create a new Chief Bitcoin Officer position held by Patrick O'Sullivan. He sees BTC as the "future of money" and predicted that "corporate treasuries 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 throughout its history. He has also triumphed four times for the ABL championship.

Adoption of cryptocurrencies in the sports sector

Paying athletes in bitcoin or other alternative currencies is not entirely new. In April of this year, the NBA giant - The Sacramento Kings - allowed all of its employees to receive their salaries in bitcoin instead of dollars if they wanted to. “The Kings” was also the Association's first team to introduce BTC as a means of paying for tickets in 2014.

The Dallas Mavericks, another professional basketball club owned by Mark Cuban, also showed a pro-crypto approach. In May, the team announced that it will accept Dogecoin (DOGE) as a payment method for match tickets and merchandising products. Previously, it already supported payments in digital assets, including BTC, BCH, ETH, USDC, GUSD, PAX, and BUSD.

The National Football League (NFL) also has its own examples of bitcoin bulls, with Aron Rodgers being the last to reveal himself. Earlier this month, the Green Bay Packers quarterback promised to convert some of his NFL earnings into bitcoin.

Additionally, seven-time Super Bowl winner - Tom Brady - previously said he would like to receive some of his earnings in Bitcoin (BTC), Ethereum (ETH) or Solana (SOL) tokens.

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