NBC takes major stake in FanDuel

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.