With the NFL now accepting cryptocurrency payments, fans and players alike are in for a treat when it comes to purchasing merchandise and tickets through the platform.
As the league looks to take the next step towards accepting Bitcoin as payment for merchandise and merchandise sales, the NFLPA is offering its members the opportunity to purchase merchandise using the platform through its Electronic Price Point Program.
The Electronic Price Points program allows fans to purchase digital items and tickets from various electronic platforms including Amazon, eBay, StubHub, and others through the league’s Ticketmaster platform, which was launched in 2015.
The league will officially launch its first Bitcoin transaction on October 1.
The NFLPA’s Electronic Price points program is meant to offer fans and athletes a way to access digital content for their favorite teams and players.
The digital price points program will be available to fans and members of the league until December 31, 2021.
The program will allow fans to select from multiple digital price point categories from various digital retailers and digital platforms including eBay, Amazon, Stubhub, and other digital retailers.
In addition, players can purchase digital content and tickets with digital pricepoints via the NFL’s TicketMaster platform.
In 2018, the league announced a partnership with BitPay to provide the league with a Bitcoin-based payment processor, allowing for the league to accept Bitcoin payments on a much broader scale.
The 2017 NFLPA Salary Data Report listed that the salary cap for the 2018 season was $65.1 million.
The salary cap has been frozen since January 1, 2021, and the salary for the 2019 season will be determined by the 2018 salary cap.