Tag: NBA

NBA Star Spencer Dinwiddie will Tokenize Contract Next Week
Blockchain

NBA Star Spencer Dinwiddie will Tokenize Contract Next Week

As of January 10th, 2019, NBA player Spencer Dinwiddie will offer bond-backed security tokens involving his NBA contract in a matter of days. Despite a back and forth with the NBA starting in September 2019, Dinwiddie and the league have seemed to finally reach an agreement which would constitute a first-ever for the nascent security…

Tokenization of NBA Star Spencer Dinwiddie’s Contract is Back On
Tokenization 101

Tokenization of NBA Star Spencer Dinwiddie’s Contract is Back On

Brooklyn Nets basketball player Spencer Dinwiddie previously planned to tokenize his NBA contract worth more than $30 million— until the NBA blocked the deal, citing a Collecting Bargaining Agreement (CBA) violation. Dinwiddie says the deal makes no such violation, and will continue to move forward, with or without the NBA’s blessing. NBA Player Spencer Dinwiddie’s…

NBA Player Spencer Dinwiddie Set to Tokenize $34 Million Contract
Blockchain

NBA Player Spencer Dinwiddie Set to Tokenize $34 Million Contract

As of mid-September 2019, NBA Point Guard Spencer Dinwiddie has revealed plans to tokenize his contract. The contract, worth $34 million over three years, would constitute a first-ever in the NBA. The Tokenization of the First NBA Contract Explained Spencer Dinwiddie is a 26-year-old point guard for the Brooklyn Nets. On his Instagram page, Dinwiddie…