4 ms·
The title here is a bit misleading. The article's actual headline is: "NFLPA owed $41.8M in licensing and marketing payments from affiliate following crypto col
by blululu 3y ago
The title here is a bit misleading.
The article's actual headline is:
"NFLPA owed $41.8M in licensing and marketing payments from affiliate following crypto collapse" which is a more accurate description of what is happening.
This is ~25% of their expected annual revenue so it is a serious issue.
- DoesntMatter22 3y agoWow what a misleading headline
- smeyer 3y agoThis is exactly what I assumed when I read the headline. What did you assume when first reading the headline?
- jameskilton 3y agoYou can also read this headline to mean that the labor union lost $42M that they had "invested" in crypto.
- tssva 3y agoWhat I assumed and what I imagine a lot of people would assume is that the NFLPA invested union funds in crypto which they took a $42 million loss on.
- DoesntMatter22 3y agoYes. This
- jandrese 3y agoMany of these stories are "Our retirement fund trader decided to bet his entire pool on hideous monkey NFTs and lost it all, even though he was only authorized to buy relatively safe bonds. His manager was completely asleep at the wheel."
- high_priest 3y agoExactly, Ironic. Crypto people trying to rephrase the news and failing spectacularly deserves only a sarcastic Womp Womp.
- cafard 3y agoThank you.
- Freedom2 3y agoI'd be careful - some users on this forum don't like it when others expend their energy to makes sure that headlines are accurate.