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A Pro Sports Team Now Accepts Bitcoin

If you're looking to buy Sacramento Kings tickets or apparel online, you'll soon have a new payment option: Bitcoin.
The NBA franchise announced on Thursday that it now accepts Bitcoin for purchases made at its brick-and-mortar team store and will introduce the same policy for online ticket and merchandise sales by March 1.
See also: Theatrical 'LeBroning' Meme Roasts NBA's King of Flop
While major businesses including Overstock and The Chicago Sun-Times have embraced the popular crypto-currency of late, the Kings appear to be the first major pro sports team to do so.
The Kings were purchased last May by basketball fan and longtime tech executive Vivek Ranadivé, so the franchise becoming the sports world's first team to hop on the Bitcoin bandwagon makes sense.
Ranadivé has long championed his "NBA 3.0" philosophy, an intriguing if somewhat vague idea of propelling the league to new heights via an increased use of technology and more global and community outreach.
Kings-related Bitcoin transactions will be processed through BitPay, which bills itself as the world's largest payment processor for virtual currencies.
“We are maniacally focused on creating the most seamless experience for our fans in all facets,” Ranadivé said in a press release announcing the Bitcoin payments. “With BitPay, we are able to implement a technology that allows our fans to make Kings-related purchases without physically reaching into their wallets. A major tenet of the NBA 3.0 philosophy is about utilizing technology for the betterment of the fan experience, and this is yet another step in that process.”

BONUS: Posterized! YouTube's 12 Most Epic NBA Dunks



This dunk set the Internet aflame in January. The official NBA YouTube video already has more than 5 million views. The dunk prompted Perkins to call out LeBron James in the press for tweeting the epic slam.
The night before Griffin's monumental throw-down, James turned in a classic of his own. He cleared Bulls guard John Lucas to catch this backdoor alley-oop.
A couple years ago, before he and James joined forces on the Heat, Dwyane Wade completely overwhelmed James' then-teammate, Varejao. In the immortal words of commentator Reggie Miller, "Welcome to your Kodak moment, Anderson Verejao!"
This dunk will live forever in the hearts of Golden State Warriors fans. It came during the middle of the team's improbable "We Believe" playoff run in 2007. Davis' weird, belly-baring celebration, which earned him a technical foul, brings it up another notch.
This dunk isn't technically "on" anyone, but young Shaq pulling down an entire basketball support is epic enough to make any list. As the esteemed Bill Walton would say, "Throw it down, big man!"
Current Warriors coach Mark Jackson had a stellar playing career with several NBA teams, but he was on the receiving end of probably the greatest NBA dunk ever by a white guy.
Scottie Pippen obliterated Knicks center Patrick Ewing in this 1994 dunk, and this two-minute video tells the entire story.
Pippen's Bulls teammate — some guy named Michael Jordan — also had a ruthless dunk over Ewing. He actually had a couple, but this one is the most savage of all.
However, Knicks guard John Starks gave the high flying Bulls a taste of their own medicine in 1993 with this lefty flush. Lore has it that Starks caught Jordan on this one, but that's debatable, at best. Check the tape and decide for yourself.
Back in the '90s, when both still played for the teams that drafted them, tiny Allen Iverson was all like, "Marcus, this elevator goes to 10 and I'm dropping you off at 7."
Johnson is currently the mayor of Sacramento, Calif., but back in 1994 the short point guard did this to Hakeem Olajuwon. How many politicians can include "dunked over a Hall of Fame center" on their resumes?
We know Vince Carter's all-time classic isn't technically an NBA dunk, but it's so good we'll make an exception. Playing in the off-season for the U.S. at the 2000 Olympics, Carter cleared the 7-foot-2-inch Weis to throw it down.

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