NFL Bans All Forms of Cryptocurrency Adverts and NFT Sales

Published 09/06/2021, 9:37 AM EDT

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.

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.

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.

Article continues below this ad

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.

“It Was Crazy” – Former Philadelphia Eagles Star Freddie Mitchell Rescued in Hurricane Ida Aftermath

Article continues below this ad

According to the report, the league has restricted the same until it establishes a strategy “for sports digital trading cards and art.”

🏈 Exclusive Invite for NFL Community

“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.

Article continues below this ad

Tampa Bay Buccaneers QB Tom Brady Issues a Fresh Warning to NFL Defenses

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.

SHARE THIS ARTICLE :

Written by:

Shivayan Roy is currently an NFL writer at EssentiallySports. After completing his Masters Diploma in Journalism from the Asian College of Journalism, Roy functioned as a reporter for Goal.com and extensively covered the FIFA U-17 World Cup.

NFL Bans All Forms of Cryptocurrency Adverts and NFT Sales

NFL strikes down crypto craze

Trending

Despite Trading Zach Wilson, Sean Payton Rumored to “Throw Away” Broncos’ 2024 to Secure Shedeur Sanders as Russell Wilson’s Replacement

After Confirming Patriots Interest, JJ McCarthy Reveals Tom Brady Was Speaking to Him Throughout National Championship Winning Season

Travis Kelce’s Mom Donna Joins $400M Rich Businesswoman for ‘Over 50 & Fabulous’ Venture

Robert Griffin III Warns Washington Commanders Against Jeopardizing Jayden Daniels as Dan Quinn Eyes “Elite Competitor”

“Caitlin Clark Should Be…”: Antonio Brown Makes a Shocking Confession After Continuously Insulting WNBA Sensation