Trevor Lawrence lands endorsement with investment app, will be paid in cryptocurrency

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Days after landing an endorsement deal with Gatorade, expected No. 1 pick Trevor Lawrence announced a new partnership with Blockfolio, a cryptocurrency investment app. According to Forbes’ Chris Cason, the majority of Lawrence’s signing bonus will be paid out in cryptocurrency. The former Clemson star and future Jacksonville Jaguar (he’s a -100000 favorite to go first overall on FanDuel Sportsbook) will reportedly receive payment in Bitcoin, Ethereum and Solana, among other blockchain commodities.

“I’m really excited to be joining the Blockfolio team,” said Lawrence, who finished runner-up to Alabama’s DeVonta Smith in this year’s Heisman voting. “When it comes to my crypto portfolio, I wanted a long-term partner in the space that I could trust.”

The crypto boom has gained steam among athletes with former Panthers offensive lineman Russell Okung receiving half his 2019 salary in Bitcoin, an unprecedented payout structure in American sports. The NBA has similarly embraced blockchain, particularly the Dallas Mavericks, the first team to accept Dogecoin as a form of currency.

Arguably the most-anticipated quarterback prospect since Andrew Luck in 2012, corporate sponsors have predictably put on the full-court press for Lawrence, doing all they can to entice the 6’6” prodigy. In addition to his Gatorade and Blockfolio endorsements, the 21-year-old has also struck deals with Adidas and Topps trading cards.

Lawrence, who caused a mini stir earlier this month when he expressed to Sports Illustrated there’s more to life than football, declined an invite to Thursday night’s draft in Cleveland, instead choosing to watch with friends and family at Clemson.

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