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The MLB Gets Into NFTs

June 11, 2021
via Pixabay

If you’re a fan of Major League Baseball (MLB), you probably have a favorite team that you root for every season. As a fan, you probably own things like baseball caps with your favorite team’s logo on them and perhaps even baseball cards of your favorite players. The MLB, like many other professional leagues, sell things that fans love. Whether that’s bobbleheads, clothing, accessories, or posters, there seems to be something for everyone. Now, the MLB is offering fans a chance to own a one-of-a-kind speech from a legendary baseball player, but it’ll be sold to the highest bidder as a non-fungible token (NFT) or a digital collectible. That’s right, if you’re a fan of New York Yankees legend Lou Gehrig, the MLB will be auctioning off his “Luckiest Man” speech on July 4th as an original and only (that’s one of one) NFT. If you’re wondering who would buy something that they can’t even hold, you’d be surprised. Recently, an NFT artwork sold for $69 million!