Author Topic: The Nats are...For Sale?!?  (Read 27254 times)

0 Members and 1 Guest are viewing this topic.

Offline RobDibblesGhost

  • Posts: 31455
Re: The Nats are...For Sale?!?
« Reply #175: May 20, 2022, 05:02:15 PM »
Hopefully they don't pay their sponsorship fees on installment. It looks like they shut down their blockchain

https://www.marketwatch.com/story/terra-blockchain-halted-after-luna-stablecoin-ust-losses-11652376352

It was all paid upfront. Post has a good article up about the deal: https://www.washingtonpost.com/sports/2022/05/20/washington-nationals-terra-crypto/

“…The Nationals signed a five-year, $38.15 million deal this winter to promote Terra and received all the money up front. The internal debate, according to multiple people with knowledge of the discussions, is centered on whether the organization should honor its agreement with Terra and keep the company’s name on its luxury club behind home plate, where “Terra” is stripped across every seat, and elsewhere in the stadium…”