NBA's Sacramento Kings To Accept Bitcoins

The NBA team will accept Bitcoins as payment for just about everything — from court-side seats to team souvenirs. The Kings are the first major professional sports team to accept the virtual currency.

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STEVE INSKEEP, HOST:

NPR's business news begins with a slam dunk for Bitcoins.

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INSKEEP: Pro basketball's Sacramento Kings will now accept Bitcoins, the electronic currency, as payment for just about everything, from court-side seats, to a DeMarcus Cousins jersey. The Kings are the first major professional sports team to accept the virtual currency.

As of yesterday, Bitcoins could be used to purchase merchandise sold in the team shop at the Sleep Train Arena. Fans will be able to make online purchases, including game tickets, with Bitcoins by March 1st.

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