When the alternate form of currency exchange recently crashed, it was reported that the Trevor lawrence lost upwards of $15 million.

Trevor Lawrence : Cryptocurrency | stats | Contract

William Trevor Lawrence is an American football quarterback for the Jacksonville Jaguars of the National Football League (NFL).

Trevor Lawrence : Cryptocurrency | stats | Contract

Personal information
Born: October 6, 1999 (age 22)
Knoxville, Tennessee
Height: 6 ft 6 in (1.98 m)
Weight: 213 lb (97 kg)
Career information
High school: Cartersville (Cartersville, Georgia)
College: Clemson (2018–2020)
NFL Draft: 2021 / Round: 1 / Pick: 1

Considered among the highest-touted college football prospects, he won the 2019 National Championship Game as a freshman at Clemson and set the school’s record for quarterback wins. He was selected first overall by the Jaguars in the 2021 NFL Draft.

Lawrence was a five-star recruit who was regarded as one of the best high school quarterback prospects of all time.

On December 16, 2016, he committed to Clemson University to play college football.

Cryptocurrency 

The former Clemson Tiger signed a four-year rookie deal worth $36.8 million, which included a $24.1 million signing bonus.

Many were under the impression that the second-year QB converted much of his signing bonus to cryptocurrency.

When the alternate form of currency exchange recently crashed, it was reported that the quarterback lost upwards of $15 million.

Trevor Lawrence : Cryptocurrency | stats | Contract

Barstool Sports were among those who reported that the 2020 ACC Player of the Year took a big loss.

The Jaguars signal caller was quick to point out that it wasn’t his signing bonus that was affected but his endorsement deal with FTX.

According to the press release, it was the first endorsement deal with a signing bonus paid entirely in cryptocurrency.

If the First-Team All-American held onto his signing bonus, the hit on cryptocurrency has reduced it by about 60%. As for the money paid out to the quarterback by the NFL, none of it was directly affected. It’s also unknown how much additional cryptocurrency he invested in.

Trevor Lawrence stats

One of the NFL’s highest regarded amateur prospects, Lawrence was nearly unanimously projected to be taken first overall in the 2021 NFL Draft.

Lawrence drew comparisons to Pro Football Hall of Fame quarterbacks John Elway and Peyton Manning and 2012 first overall pick Andrew Luck, with the slogan “Tank for Trevor” gaining popularity among fans of struggling teams.

Trevor Lawrence : Cryptocurrency | stats | Contract

Career NFL statistics as of Week 3, 2022
TD–INT: 18–18
Passing yards: 4,413
         Completion percentage:              61.2%    
Passer rating: 76.7
Rushing yards: 356
Rushing touchdowns: 2

Ahead of the final week of preseason, Lawrence was named the Jaguars’ starting quarterback for 2021.

Making his NFL debut against the Houston Texans, he finished with 332 passing yards, three touchdowns, and three interceptions in a 21–37 defeat. The loss was Lawrence’s first in a regular season game.

In his second game against the Denver Broncos, he threw a touchdown pass on the opening drive, but completed only eight of 25 passes afterwards and was intercepted twice as the Jaguars lost 13–23.

After losing to the Washington Commanders in the season opener, Lawrence won his next two games against the Indianapolis Colts and Los Angeles Chargers, throwing for a combined 497 yards and five touchdowns.

The latter also marked Lawrence’s first road victory.

Trevor lawrence Contract 

Trevor Lawrence signed a 4 year, $36,793,488 contract with the Jacksonville Jaguars, including a $24,118,900 signing bonus, $36,793,488 guaranteed, and an average annual salary of $9,198,372.

Trevor Lawrence : Cryptocurrency | stats | Contract

Contract: 4 yr(s) / $36,793,488
Signing Bonus $24,118,900
Average Salary $9,198,372
Total Guarantees $36,793,488
Guaranteed at Signing $27,598,900
Free Agent: 2026 / UFA

The contract also includes a fifth-year option that is attached to every rookie deal for first-round selections.

According to the sources, details of the contract include:

  • Lawrence’s signing bonus will be paid within 15 days and the quarterback is deemed to have passed his physical for signing bonus purposes.

  • There is no offset language in the contract, meaning that he would still receive the full amount of guaranteed money remaining in his contract even if he were to be released and sign with another team.

  • The majority of Lawrence’s compensation will come in his roster bonuses in 2022, 2023 and 2024. He will earn that bonus if he is on the 90-man roster on the third day after the mandatory reporting date.

  • Lawrence will earn his roster bonus even if he is on the active non-football injury list.

Thanks for reading from Sportsworldzone.com 

By Rishabh

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