Pro basketball league in Canada will offer players Bitcoin salaries
The Canadian Elite Basketball League has partnered with Toronto-based cryptocurrency exchange Bitbuy to convert a portion of their salaries from Canadian dollars to Bitcoin. The league said it will arrange for the funds to be delivered to players personal crypto wallets.
More than 70 players on the active roster from the Edmonton Stingers, Fraser Valley Bandits, Guelph Nighthawks, Hamilton Honey Badgers, Ottawa Blackjacks, Niagara River Lions, and Saskatchewan Rattlers will be seemingly eligible for the crypto payments. Bitbuy will also be joining the CEBL as an official sponsor.
Kimbal Mackenzie, player of The Nighthawks said he would be one of the first player to accept the CEBL’s offer.
“The opportunity to be paid in Bitcoin is something I’m incredibly excited about,” said Mackenzie. “I believe cryptocurrency is the future. The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer.”
