NFL Bars the Bets the CFTC Wants Restricted
The National Football League announced commercial agreements with Draftkings, Fanduel, and Fanatics Betting and Gaming on Aug. 27, restoring a sponsorship category that had sat empty since the end of March. All three signed multi-year deals granting rights to league marks, presence at the Super Bowl and NFL Draft, and access to real-time play-by-play data, Next Gen Stats, and BetVision through Genius Sports. Financial terms were not disclosed.
All three partners agreed to the league’s core game integrity policies and to work together “to prohibit wagers the league finds objectionable, including bets tied to officiating and injuries, along with those that can be known in advance or easily manipulated by a single person.” Renie Anderson, the league’s executive vice president and chief revenue officer, said the three “share our vision for innovation and fan engagement, but most importantly, our commitment to protecting the integrity of the game.”
That list closely tracks the Commodity Futures Trading Commission’s proposed rules for prediction markets. The commission’s June 10 notice of proposed rulemaking would permit standard sports contracts – game winners, championship futures, and the bulk of what currently trades – as serving the public interest. Contracts on player injuries, officiating outcomes, discrete in-game actions such as a specific pitch or shot by a named player, physical altercations, and pre-collegiate sports would be banned.
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