Tag: Sports

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 Rejects Spencer Dinwiddie’s Request to Tokenize His Contract
Business

NBA Rejects Spencer Dinwiddie’s Request to Tokenize His Contract

The National Basketball Association (NBA) is blocking a basketball player on the Brooklyn Nets from tokenizing his contract. Spencer Dinwiddie was planning on introducing a platform where athletes could link their contracts on Ethereum, but the NBA has responded to such requests conservatively. Could NBA contracts be tokenized on the Ethereum blockchain? One basketball player…