11-12-2015, 01:57 PM
|
#47
|
Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
|
Quote:
Originally Posted by TheAlpineOracle
|
The NHL, for instance, is an investor in DraftKings. In July, the company announced a new round of funding worth $300 million. Investors included Fox Sports, the NHL, Major League Soccer and New York sports company Madison Square Garden.
Major League Baseball also has an equity stake in DraftKings and offers daily contests on MLB.com, while the NBA has an exclusive deal with FanDuel.
Maple Leaf Sports and Entertainment Ltd., the parent company of the Maple Leafs and Raptors, recently signed a landmark four-year sponsorship with DraftKings that pays Canada’s largest private sports company more than $1 million per year.
Wow, really?
|
|
|