One of football’s largest organizations globally is planning to talk with its teams about a proposed multi-year contract with Sorare for digital collectables.
If the deal is signed, the English Premier League and its 20 clubs will enter an approximately $34.7 million per year deal with the non-fungible tokens (NFT) digital collectables platform that will include a multi-year contract for static images of players in the form of NFTs.
According to Sky News, the deal could be formally agreed upon within weeks.
Furthermore, the deal will replace the Premier League’s initial deal with ConsenSys – blockchain infrastructure provider of Infura and MetaMask – which had been in the works earlier this year but not signed, according to a report from Sky News.
The ConsenSys deal was under renegotiation until recently, however, it failed to go through after one Premier League club executive said they had been told that the Sorare contract…
