How Many Bitcoins for a Courtside Seat?

The Sacramento Kings are the latest mainstream organization to embrace Bitcoin payments, becoming the first professional sports franchise to accept the virtual currency.

Fans can now use Bitcoin to purchase merchandise from the team store, and will be able to buy tickets with the e-money starting March 1. The Kings are partnering with Bitpay, a startup that facilitates Bitcoin transactions, as owner Vivek Ranadive pushes to grow the team's use of technology, increase its social media presence and allow fans to go paperless.