The NWSL has told its players that they could be out money after cryptocurrency platform Voyager Digital, one of the league’s biggest partners, filed for bankruptcy earlier this month.
The league’s Voyager partnership, announced in December, was notable both in its size and in its construction. About half of the value of the deal was set to be paid to the league in cash, while the other half was earmarked for individual athletes to invest in cryptocurrencies via the Voyager platform.
Those accounts were never funded, according to multiple people familiar with the partnership, and now that Voyager is entering voluntary Chapter 11, it’s unclear how much—if any—the players will actually see. In a letter distributed Thursday to its athletes, the NWSL said that there were “no definite answers at this time on if, or when, the player accounts will be funded.”
The letter, which was viewed by Sportico, also says that if the accounts are not funded, the league intends to work with the NWSLPA...
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