This partnership is the very first endorsement

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The moment that Lawrence has joined Blockfolio they announced MUT 24 Coins their endorsement agreement in a press release. In it they referred to the money they were paying Lawrence as an "signing bonus" most likely to be a approach to sound sporty, saying they were depositing the bonus in one of their crypto wallets for the QB."

This partnership is the very first endorsement deal in which a substantial signing bonus was paid out entirely in cryptocurrency. The bonus was put directly to the Lawrence's Blockfolio account, which included Bitcoin, Ethereum and Solana."

There's nothing called"signing bonuses" or "signing bonus" when it comes to an endorsement deal. The endorsement contract is all that's needed. You sign the deal and you're paid -- or in the case of Lawrence, you get crypto. Although using the term "sports" is not a huge deal however, this is where things went off the rails. After the Blockfolio press announcement buy Madden NFL 24 Coins, USA Today aggregated the information and this is where that the confusion started.