It then combined it with Lawrence's real Madden NFL 24

The moment that Lawrence has joined Blockfolio they Madden 24 coins announced their endorsement agreement in a press release. In it they referred to the money they were paying Lawrence as an "signing bonus" most likely to be a approach to sound sporty, saying they were depositing the bonus in one of their crypto wallets for the QB."This partnership is the very first endorsement deal in which a substantial signing bonus was paid out entirely in cryptocurrency. The bonus was put directly to the Lawrence's Blockfolio account, which included Bitcoin, Ethereum and Solana."

There's nothing called"signing bonuses" or "signing bonus" when it comes to an endorsement deal. The endorsement contract is all that's needed. You sign the deal and you're paid -- or in the case of Lawrence, you get crypto. Although using the term "sports" is not a huge deal however, this is where things went off the rails. After the Blockfolio press announcement, USA Today aggregated the information and this is where that the confusion started.

The article coMadden NFL 24 with the term "signing bonus" which was given as a part of the Blockfolio press release. It then combined it with Lawrence's real Madden NFL 24 sign-on bonus from the Jaguars -- claiming it to be $24.1M with Spotrac as the source."The presumed No. one overall selection of the 2021 Madden NFL 24 draft, probably headed to Jacksonville Jaguars Jacksonville Jaguars, has partnered with a cryptocurrency investment app known as Blockfolio and is expected to deposit the money he earns from signing into an account at the company."

"According to Spotrac the sign-on bonus Lawrence this season's no. one pick is $22.630.055." So now we are dealing with an endorsement from Blockfolio, presumably fairly small in the scheme of things and was paid by crypto. It's recently, it's been tied to Lawrence's massive Madden NFL 24 signing bonus from the league. It's also been reported that the cash was transferred into crypto. It's unclear if this was a genuine error, or an attempt at making a story seem more sexually attractive, we're still in the same spot: An endorsement agreement with a crypto company was paid for in crypto and nothing more.

Then, on Tuesday an author from the Sun Sentinel took information published by Coinjournal and put out the following tweet, mocking that Jaguars QB. Of obviously, we know the tweet is not trueas there is no proof that Lawrence placed his $24 million into cryptocurrency. However this was cited in numerous reports claiming Lawrence had fumbled the bag however this was not the madden 24 mut coins circumstance.