"According to Spotrac the sign-on bonus for Lawrence this Madden 23 coins season's no. 1 pick is an estimated $22.630.055." So now we have an endorsement contract with Blockfolio, which is likely to be quite modest when compared to other deals and was paid in crypto -- and recently, it's been tied to Lawrence's huge Madden NFL 23 signing bonus from the league, but misrepresented the fact that the money was deposited into crypto. It's unclear if this was a genuine error, or a plot to turn the report a bit more sexier, we're at the same position: An endorsement deal with a crypto-related company was paid with crypto and nothing more.
Then, on Tuesday, an editor from the Sun Sentinel took information published by Coinjournal and posted the following tweet, mocking that Jaguars QB. Of course, we know this is entirely inaccurate -- because there's no evidence that Lawrence spent $24 million on crypto. However this was cited in many news reports that stated that Lawrence has fumbled the bag even though that's not the scenario.
This is all good news. There is no reason to be concerned about anyone losing their money, not even as a form of schadenfreude. Trevor Lawrence is a really charming guy, and it feels rotten to think that he failed to cheap madden 23 coins make one of the biggest paydays of his career in football -- but instead he probably got a fraction of the money out of the deal that he signed with his original endorsement. This is a bummer, but far from being a disaster.