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NBC takes major stake in FanDuel

FanDuel_Brand_Logo

As the 2014 regular season approaches, the popular fantasy football destination known as FanDuel continues to elevate its profile.

Via Variety.com, the company has raised another $70 million through investors that include the NBC Sports Group.  Which makes us related to FanDuel.  Sort of.

As a gesture of goodwill (and in lieu of baking them cookies that may or may not include a substance that is legal in my current location of Seattle), I’ll make a quick mention of what they do.

For a $25 entry fee, the salary-cap based, weekly fantasy-football contest pays out $1 million in prizes, with a grand prize of $100,000.

Since the contest focuses only on Sunday and Monday games, the first edition gets rolling on Sunday, September 7, at 1:00 p.m. ET.  The top 8,000 teams for the week will win a cash prize, with the payouts coming after the Monday night games end.

So do what I plan to do at some point over the next three days and plunk down a mere $25 for the ability to win plenty, if you select the right combination of players and score the right amount of points.

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10 Responses to “NBC takes major stake in FanDuel”
  1. suicidalionsfan says: Sep 3, 2014 1:36 PM

    ” Hey, there’s a guy from Detroit named Chris that’s ALREADY won over $600,000 playing FanDuel ”
    yeah right !

  2. somethingsmellsrotten says: Sep 3, 2014 1:37 PM

    Well then, you’ll fit right in with all the other geeks and losers who ‘play’ fantasy and know nothing about the actual game of football.

  3. logicalvoicesays says: Sep 3, 2014 1:38 PM

    Go Redakins. Robert Griffin my Qb. DeSean Jackson my WR. Jordan Reed my TE. Alfred Morris my RB. Give me my cold cash NOW! #ThankGodimaRedskinsFan

  4. logicalvoicesays says: Sep 3, 2014 1:39 PM

    *Redskins. #HTTRgimmetheloot

  5. Marv says: Sep 3, 2014 1:41 PM

    This is what us Europeans have been playing for years with soccer and I always hated it.

  6. 4thquartermagic says: Sep 3, 2014 1:58 PM

    NFL.com has done a version of this competition for years. Obviously no money at stake and the prizes are mostly lame.

    But gambling has no place in football right Roger?

  7. Carl Gerbschmidt says: Sep 3, 2014 2:04 PM

    Gambling ruins families.

  8. citizenstrange says: Sep 3, 2014 2:05 PM

    In what universe is this not gambling? Seriously?

    LEGALIZE IT!

  9. Hard On For Harden says: Sep 3, 2014 2:17 PM

    Big Ponzi scheme. You’re competing against computer algorithms masquerading as usernames that hedge against your selections.

  10. doubleogator says: Sep 3, 2014 6:46 PM

    just like playing online Texas holdem, impossible to win…

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