Spencer Dinwiddie creates fundraiser to let fans choose his next team

Spencer Dinwiddie Nets

This time, the Nets guard is asking them to put up a large (and highly specific) amount of money in Bitcoin as part of a GoFundMe campaign. He has started a GoFundMe, titled "Dinwiddie X BTC X National Basketball Association", and said fans can determine where he'll sign next if they raise $24,632,630 on the GoFundMe. But that is getting ahead of ourselves.

"I'll double down. Y'all crowdfund 2625.8 btc [Bitcoin] I'll sign a minimum contract for my next deal with the team that y'all vote for".

However, the pot must reach $24,632,630 for his offer to be completed. Why now, when the league prepares for big revenue drops in 2021? Why do it at all?

Dinwiddie has kept a sharp eye on Bitcoin and blockchain technology over the past several years, as he described in a clip posted on Coindesk.com's Twitter feed.

Michael Jordan's signed game-worn sneakers sell for record $560,000
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The answer to the National Basketball Association question is "Maybe, but with reservations". The league said it was not allowed to do so and is now reviewing the tokenizing of the Dinwiddie deal. In the fall, he wanted to monetize his current three-year, $35 million contract by allowing fans to buy bonds in his future earnings.

Spencer Dinwiddie has been thinking creatively about different financial options for his next National Basketball Association contract, and he has arrived at an interesting new possibility. Dinwiddie told Forbes that the National Basketball Association threatened to terminate his contract for that.

Dinwiddie, 27, became a starter for the Nets this season because of Kyrie Irving's shoulder injury. He is averaging 20.6 points and 6.8 assists, both of which are top professionals.

Dinwiddie announced Friday that he is starting a charity campaign to allow fans to determine where he'll sign when he hits free agency at the conclusion of this season.

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