Kevin Lee, a professional mixed arts fighter, said a major factor in his decision to sign with a new advertising company was Bitcoin (BTC).
According to a report by MMA news BJ Penn, the Russian-based Eagle Fighting Championship will be payer Lee in BTC as part of a four-fight contract. The fighter has reportedly been a HODLer since before the 2017 bull run, later using some of the benefits of living after paying for knee surgeries.
“Being paid with Bitcoin and not giving me any rebuke about it was huge in the decision [to sign with Eagle FC]Said Lee. “It gives me a lot more financial security and will also help me fight better.”
– Kevin MTP Lee (@MoTownPhenom) December 15, 2021
Payments regarding the Eagle FC were not disclosed, but Lee previously earned as much as $ 280,000 through his UFC fight with Tony Ferguson. In an interview on December 17, Lee implied Eagle FC would pay more than he did during a contract with the Ultimate Fighting Championship, or UFC, which means a possible payout of 5.86 BTC or more at current prices.
Lee, also known as The Motown Phenomenon, was recently suspended from fighting for six months and fined after testing positive for Adderall. He was later released from his UFC contract before Eagle FC tried to add him to their roster – his first fight with the company is expected to be against Diego Sanchez on March 11.
UFC has delved into the benefits of digital assets through partnerships with crypto and blockchain companies. In July, the organization signed a $ 175 million deal with Crypto.com for the next ten years, a deal that later led to the release of unusable tokens licensed by the UFC. In addition, the combat championship has previously partnered with blockchain rewards app Socios and tokenization platform Chiliz to release a ghost.
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Individual MMA fighters have expressed interest in BTC and other tokens since Jon Fitch became the first paid professional fighter in Bitcoin in 2015. Last year, former UFC lightweight champion Eddie Alvarez said he bought some BTC while Ben Askren was paid to . promote Litecoin (LTC) and supported the most recent BTC halving.