Sacramento Kings Become First NBA Team to Accept Bitcoin
The Sacramento Kings NBA franchise has officially announced plans to accept bitcoin for products including tickets, jerseys, hot dogs and beer, beginning 1st March. The team says it will accept the currency online and at the Sleep Train Arena, its home stadium. Georgia-based payment service provider BitPay revealed that it will process the team's transactions, adding to its network of 10,000+ bitcoin-accepting merchants. Vivek Ranadivé, owner of the Sacramento Kings, said: "We are maniacally focused on creating the most seamless experience for our fans in all facets. With BitPay, we are....
Related News
The Sacramento Kings became the first team in the NBA to accept Bitcoin in January of this year. In the first months since the announcement, the team only allowed season ticket holders to use Bitcoin for purchases at the arena, but last week the team announced their partnership with BitDazzle to launch KingsBitcoin.com. KingsBitcoin.com, powered by BitDazzle, is the first online marketplace to accept the virtual currency in the NBA. Launched April 3, the website allows customers to pay for game tickets, memorabilia and special fan experiences using Bitcoin. The co-branded online store....
A joyful news for you: Sacramento Kings has announced that they will start with accepting Bitcoin processed through BitPay. The following press release was sent to us by BitPay: SACRAMENTO, CA - January 16, 2014 - Today, the Sacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purchases will be processed through BitPay - the world's largest payment processor for virtual currencies. Since purchasing the Kings earlier this year, majority team owner Vivek Ranadivé has directed a business philosophy....
SACRAMENTO, CA – Today, the Sacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purchases will be processed through BitPay – the world’s largest payment processor for virtual currencies. Since purchasing the Kings earlier this year, majority team owner Vivek Ranadivé has directed a business philosophy coined “NBA 3.0,” which focuses on investments in technology, globalization and deep community partnerships. The BitPay relationship marks another manifestation of the 3.0 philosophy in Sacramento.....
The countdown to March 1 has begun for basketball fans everywhere. This is not March Madness in the usual sense, but instead is a huge day for Bitcoin. We are a few short weeks from witnessing an NBA first: the Sacramento Kings accepting Bitcoin. The announcement made just weeks ago will mark the first professional sports team to accept Bitcoin. Beginning March 1, the Sacramento Kings will accept Bitcoin for online ticket and merchandise payments, as well as in the arena itself. The plan to accept Bitcoin is in support of the organization's goal to create a new sporting experience. In a....
The Sacramento Kings, an American professional basketball team, will offer everyone in its organization the option of getting their salary paid in bitcoin. This includes all players, according to the NBA team’s chairman, Vivek Ranadivé. The Sacramento Kings to Offer Salaries in Bitcoin The Sacramento Kings team chairman Vivek Ranadivé reportedly said on Clubhouse on Monday that everyone in his organization could receive their salary in as much bitcoin as they want. A bitcoin enthusiast, Neil Jacobs, who was present at the Clubhouse meeting quoted Ranadivé as....