There's nothing like"signing bonus" or "signing bonus" in the context of an endorsement deal. It's simply the endorsement contract. You sign the deal and get paid -- or in the case of Lawrence the crypto. While the use of this term in sports seems to be a common practice, it's here where things got a bit more complicated. Following the Blockfolio press release, USA Today aggregated the information and this is where that the confusion started.
The report coMadden NFL 24 added the word "signing bonus" that was mentioned by the Blockfolio press release. Then, it mixed it up with Lawrence's actual Madden NFL 24 reward for signing with the Jaguars in reporting it to be $24.1M and relying on Spotrac as the source."The most likely No. one overall selection in the 2021 Madden NFL 24 draft, almost surely headed to an NFL team like the Jacksonville Jaguars, has partnered with a leading cryptocurrency-based investment application called Blockfolio and will place the money he earns from signing into an account owned by the firm."
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