Topic: deals

DraftKings Inks $300 Million in Funding

Nearly a month to the day an ESPN funding deal fell through, DraftKings has announced that they have secured an additional $300 million in funding led by FOX sports. Of the $300 million, FOX Sports has committed $150 million with the agreement also calling for DraftKings to spend $250 million in advertising over the next three years at FOX Sports.