BitPay Reveals it Paid ESPN Bitcoin for Bowl Game Sponsorship
BitPay executive chairman Tony Gallippi announced today that his company paid for its upcoming college football bowl game sponsorship in bitcoin. The surprise news came at a press conference held by BitPay and the St. Petersburg Chamber of Commerce to promote the upcoming Bitcoin St. Petersburg Bowl. There, Gallippi revealed that BitPay paid ESPN Events, a subsidiary of the popular US sports network ESPN, in bitcoin in order to secure the sponsorship, a company spokesperson confirmed with CoinDesk. Notably, Tampa Bay Business Journal has estimated that its full contract with the....
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Weeks after the surprise announcement that it would drop bitcoin from the title of its St Petersburg Bowl, ESPN remains tight-lipped regarding its "mutual decision" with former St Petersburg Bowl sponsor BitPay to cut short its support for the event. Though somewhat cryptic in its original response, an ESPN spokesperson has confirmed that "BitPay is no longer the sponsor" for the game, and that this year's version is likely to bear the generic title the St Petersburg Bowl. BitPay, which offers bitcoin payment processing services, signed a three-year deal to provide financial support for....
Trucoin ATMs will be more visible soon. This past June, BitPay landed an NCAA bowl game sponsorship with ESPN. Labeling the 2014 St. Petersburg game as 'the Bitcoin Bowl' for the next four years, the company announced today that Trucoin is the official bitcoin ATM provider for the event. "Trucoin's sponsorship will facilitate the purchase of many Bowl fans' first bitcoin. With so many merchants in St. Pete now accepting digital currency, these game attendees will be able to experience bitcoin shopping firsthand." The bowl game pits two teams from the Atlantic Coast Conference and the....
The 2015 edition of the St Petersburg Bowl will not be known as the Bitcoin St Petersburg Bowl, according to ESPN. A representative from the TV news source would not comment as to whether the move foretells a sponsorship change for this year's event, or if it is currently seeking a new sponsor for the 2015 bowl game. Last year's event was sponsored by bitcoin processor BitPay, which inked a three-year deal to brand the college football playoff. The spokesperson told CoinDesk: "The decision to rebrand the event to the St. Petersburg Bowl was a mutual one between both BitPay and ESPN." While....
ESPN Events has announced that Atlanta, Georgia-based BitPay will serve as the new title sponsor of the annual St. Petersburg Bowl - an NCAA-sanctioned post-season college football game that has been taking place since 2008. BitPay, renowned for its business of allowing merchants to easily accept bitcoin payments and convert them instantly to local currency, will have the game known as the Bitcoin St. Petersburg Bowl beginning with this year's game, slated to be held on the 26th of December at Tropicana Field in St. Petersburg, Florida. "Our goal is to continue to move bitcoin into the....
Merchant bitcoin payments processor BitPay has announced that it will sponsor the St. Petersburg Bowl, an annual college postseason football game sanctioned by the National Collegiate Athletic Association (NCAA), through 2016. This year's game will kick off at Tropicana Field, home of Major League Baseball's Tampa Bay Rays, on 26th December under a new name. The bowl was previously sponsored by chain restaurant Beef 'O' Brady's and USB provider magicJack. Thanks to BitPay sponsorship, however, the bowl will now be known as the Bitcoin St. Petersburg Bowl. BitPay hopes the sponsorship will....