Chiefs TE Sean Culkin Plans to Convert his Full Salary to Bitcoin

Jun 13, 2019; Costa Mesa, CA, USA: Tight end Sean Culkin, seen with his former team the Los Angeles Chargers, carries the ball during minicamp at the Hoag Performance Center in Costa Mesa, California, June 13, 2019. Mandatory Credit: Kirby Lee-USA TODAY Sports/File Photo

Kansas City Chiefs tight end Sean Culkin announced on Twitter that he plans to convert his entire salary for the 2021 NFL season — $920,000 — to Bitcoin. He’ll become the first NFL player to do so; former Panthers left tackle Russell Okung converted half of his $13 million salary for last season to Bitcoin.

Speaking with CoinDesk’s Danny Nelson, Culkin said the Chiefs are aware of his plans and that his salary is still paid in dollars. Culkin, who signed a reserve/future deal with Kansas City back in February, will use an app called Strike to convert his salary to Bitcoin, according to CoinDesk. This is the same service used by Okung in 2020.

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Culkin said his decision will allow him to focus on football. He’ll need to make the Chiefs’ roster or practice squad in order to enact his plan, however; His reserve/future deal with Kansas City is not guaranteed.

“This is generational for me,” Culkin said, via CoinDesk.

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SOURCE: USA TODAY, Charles Goldman