The NHL’s San Jose Sharks will start taking Dogecoin and Bitcoin for season tickets and other large payments next season
According to President Jonathan Becher, the San Jose Sharks will accept payment for several major purchases in Dogecoin cryptocurrency over the next season. That includes seasonal tickets, corporate sponsorships, and room rentals at the SAP Arena in San Jose.
San Jose Sharks is the latest team to accept Dogecoin and Bitcoin
The Sharks are the latest team to take a (pained laugh) bite out of the crypto market—but odds are they won’t be the last. It’s the result of a partnership between Sharks’ parent company, Sharks Sports & Entertainment, and crypto payment service BitPay.
Through BitPay, Sharks can accept multiple cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Wrapped Bitcoin, and Dogecoin, as well as five different stablecoins (GUSD, BUSD, DAI, PAX, and USDC). Unlike PayPal, which converts crypto to fiat after each sale, BitPay actually allows merchants to receive crypto directly.
On Twitter, Becher wrote that the Sharks are also considering crypto for smaller purchases like merchandise and single-game tickets and that those use cases will be evaluated over time.
Initially we’ll accept cryptocurrency for season tickets, suite leases, and partnerships. Other use cases – including single-game tickets, F&B, and merch – will be evaluated over time #SJsharks https://t.co/EobIiv3buo
— Jonathan Becher (@jbecher) June 7, 2021
Similarly, Oakland A’s, a nearby League of the Legends baseball team, recently started accepting Bitcoin as payment for suites. Professional sports teams outside the Bay Area have also been warming up to crypto in recent months after the NBA’s Top Shot NFT market, which sells short video clips attached to tokens on the Flow blockchain, poured gas on the craze for digital collectibles this past winter.
Thanks to crypto-friendly owner Mark Cuban, the Dallas Mavericks recently started accepting payments in Dogecoin. Additionally, the Sacramento Kings now offer the option of paying employees in Bitcoin; and crypto exchange FTX has purchased the naming rights to the Miami Heat arena, opening up future cryptocurrency sponsorships.
Furthermore, across professional leagues, players have partnered with crypto companies to convert their salaries into crypto. Even Tom Brady is a Bitcoin follower.
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