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Advertisement: While Major League Baseball is putting some finishing touches on getting into the NFT game, here’s a player minting his own. This is the first NFT distributed by a big league player and the proceeds will go to a very good cause. Bidding closes in less than 24 hours. https://t.co/u7JwcUDUbP Jeff Passan (@JeffPassan) March 18, 2021 With the COVID-19 pandemic significantly limiting revenue opportunities, the timing for sports organizations and athletes to dive into the cryptocurrency and NFT world made sense. Former University of Arizona tight end Rob Gronkowski, now with the Tampa Bay Buccaneers, took advantage of the craze early. He partnered with Medium Rare for an NFT card collection that sold out and brought in an estimated $1.8 million, Cointelegraph reported. The collection included five tokenized cards featuring in-game action shots of Gronkowski during championship-winning games. ....
May 7, 2021 Former University of Arizona tight end Rob Gronkowski, now with the Tampa Bay Buccaneers, partnered with Medium Rare for an NFT card collection. (Photo courtesy gronknft.com) After pitcher Taijuan Walker left the Arizona Diamondbacks, he became the first known and active Major League Baseball player to create and sell a piece of digital art through a non-fungible token, otherwise known as an NFT. Walker now plays for the New York Mets. (Photo by Jayne Kamin-Oncea/Getty Images) PHOENIX – Sports is a billion dollar industry, with revenue streams ranging from television rights to ticket sales. Add cryptocurrency and NFTs to the mix, and this latest gold rush has leagues, teams and players taking advantage of opportunities in an unlikely territory. ....