This partnership marks the first endorsement deal ever in which a significant signing bonus was paid in Madden 23 coins. The bonus was directly deposited to the Lawrence's Blockfolio account and also included Bitcoin, Ethereum and Solana."

There's not a thing called"signing bonus" or "signing bonus" when it comes to an endorsement deal. The endorsement contract is all that's needed. The contract is signed in exchange for money or, in the case of Lawrence, you get crypto. While the use of this term in sports is fairly innocuous however, this is where things took a jump. Following the Blockfolio press announcement, USA Today aggregated the news and it's here the confusion began.

The story was co-written by Madden NFL 23 used the term "signing bonus" that was mentioned in the Blockfolio press release. Then, it mixed it up with Lawrence's actual Madden NFL 23 bonuses for signing with the Jaguars in reporting it to be $24.1M, and using Spotrac as source. source."The likely No. one overall selection of the 2021 Madden NFL 23 draft, probably headed to Jacksonville Jaguars Jacksonville Jaguars, has partnered with a worldwide cryptocurrency-based investment app called Blockfolio and will place his bonus in an account with the company."

"According to Spotrac the amount of the signing bonus for this year's No. one choice is $22.630.055." We now have an endorsement agreement with Blockfolio, presumably fairly small in relation to the overall picture it was paid in crypto -- and this week, it's been linked to Lawrence's enormous Madden NFL 23 signing bonus from the league, and misreported that the cash was transferred into cryptocurrency. It's unclear if this was a genuine error, or an attempt at making a story a bit more sexually sexier we're all in the same point: an endorsement agreement with a crypto-related company was paid in cryptocurrency, and that's all there is to it.

Then, on Tuesday someone writing for The Sun Sentinel took information published by Coinjournal, and made the following tweet, mocking that Jaguars QB. Of of course, we know that it's not true -- because there's no evidence that Lawrence spent $24 million on crypto. But this fact was mentioned in many news reports that stated that Lawrence had fumbled the bag and lost it, even though this isn't the instance.

This is all good news. There is no reason to be concerned about anyone losing their money, not even as a form of schadenfreude. Trevor Lawrence is a really nice guy and it feels rotten to think that he failed to make one of the biggest payouts of his football career -and he may have only lost a chunk out of that endorsement deal. This is a bummer, but not anything to worry about.

An madden 23 coins cheap player has been currently in the middle of one of the biggest scandals the league has seen, and the silence from key figures has never been more obvious.