Skip to content

New York Yankees Players Can Now be Paid in Bitcoin

Photo: Thaninee Chuensomchit
Photo: Thaninee Chuensomchit (Shutterstock)

If you’re already used to the heartbreak of something like professional baseball, I guess you wouldn’t mind feeling a little wary every time you look at your bank statement to see how much your salary is actually worth. The New York Yankees, feeling they can get in on the crypto craze, announced they were working with investment company NYDIG to allow players and staff to get paid in bitcoin, instead of, you know, dollars.

Players can apparently convert a certain amount of post-tax salary into bitcoin without transaction fees. Of course, it comes at a bad time in the overall crypto market, so whether this is a good or bad time to suddenly start converting your livelihood into bitcoin is up to whether you believe in the outlook for crypto or not. Though I’m sure it’s also an attempt to get a few more celebrities to start evangelizing.