Major League Baseball, Inc. and a Yankees business entity have invested in DraftKings.
Fantasy Sports Website DraftKings Adds $300 Million in New Investment
By RICHARD SANDOMIR JULY 26, 2015 The New York Times
... the fantasy sports company has raised $426 million ...
... its chief daily fantasy sports rival, FanDuel, raised $275 million in additional funding ...
In addition to Fox Sports, the other new investors in DraftKings are the National Hockey League, Major League Soccer, Madison Square Garden and Legends Hospitality, a stadium concession business owned by the Yankees and the Dallas Cowboys. Existing investors who increased their funding include Major League Baseball...
ESPN had been expected to invest $250 million for a stake in DraftKings, but it backed out recently.
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Major League Baseball "an investor in the “daily fantasy sports” website DraftKings". Sunday, July 26, 2015
reader comment:
Did Pete Rose simply choose the wrong time and medium to fuel his habits outside of baseball?
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