The NFL is an ever-evolving league. Once a rush heavy league, the NFL has now transitioned to a pass-first approach. Even apart from the league changing things up in terms of its offense, there have been plenty of changes through the years.
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Changes in draft strategies, coaching styles and even advertising have been seen over the years in the league. And with the world heading towards a digital currency revolution, the NFL isn’t far behind.
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JACKSONVILLE, FLORIDA – APRIL 24: Tampa Bay Buccaneers quarterback Tom Brady arrives backstage during the UFC 261 event at VyStar Veterans Memorial Arena on April 24, 2021 in Jacksonville, Florida. (Photo by Chris Unger/Zuffa LLC)
Many NFL players have openly declared that they have taken a dip into the crypto market. From veteran superstar Tom Brady to rookie sensation Trevor Lawrence, multiple superstars are high on the crypto craze.
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But it seems that the league authorities aren’t too interested in embracing the change wholeheartedly.
NFL strikes down crypto craze
As per The Athletic, the NFL has reportedly banned teams from crypto-related sponsorships and advertisements. This also includes nonfungible token (NFT) sales.
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According to the report, the league has restricted the same until it establishes a strategy “for sports digital trading cards and art.”
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FOXBOROUGH, MASSACHUSETTS – DECEMBER 08: Tom Brady #12 of the New England Patriots talks with Patrick Mahomes #15 of the Kansas City Chiefs after the Chief defeat the Patriots 23-16 at Gillette Stadium on December 08, 2019 in Foxborough, Massachusetts. (Photo by Maddie Meyer/Getty Images)
“Clubs are prohibited from selling, or otherwise allowing within club controlled media, advertisements for specific cryptocurrencies, initial coin offerings, other cryptocurrency sales or any other media category as it relates to blockchain, digital asset or as blockchain company, except as outlined in this policy,” said an NFL team official.
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The NFL though is yet to release any official announcement regarding the same. Ruling out NFTs will hamper teams from making some money off these digital art pieces.
