One of the most polarizing topics in sports media is sports betting. Advertisements for sportsbooks are everywhere. NFL, NBA, MLB, and even NCAA broadcasts all seem to have not-so-secret relationships with betting companies.
There is a fine line, however, between partnering with sportsbooks and creating potential conflicts of interest. A prominent NFL insider is now facing scrutiny for his involvement in the sports betting industry.
MORE: Tony Romo placed on leave; CBS names temporary replacement for NFL games
Reports indicate that ESPN's Adam Schefter was an "early-stage investor" in Underdog, which began as a daily fantasy sports brand and has since evolved into a sports-focused prediction market. Underdog confirmed Schefter's investment to Front Office Sports after the company reached a reported $1.3 billion valuation.
Oct 18, 2021; Nashville, Tennessee, USA; Buffalo Bills wide receiver Stefon Diggs (14) talks with ESPN NFL Insider Adam Schefter before the game against the Tennessee ***** ans at Nissan Stadium. Mandatory Credit: Christopher Hanewinckel-Imagn Images
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There is a fine line, however, between partnering with sportsbooks and creating potential conflicts of interest. A prominent NFL insider is now facing scrutiny for his involvement in the sports betting industry.
MORE: Tony Romo placed on leave; CBS names temporary replacement for NFL games
Reports indicate that ESPN's Adam Schefter was an "early-stage investor" in Underdog, which began as a daily fantasy sports brand and has since evolved into a sports-focused prediction market. Underdog confirmed Schefter's investment to Front Office Sports after the company reached a reported $1.3 billion valuation.
Oct 18, 2021; Nashville, Tennessee, USA; Buffalo Bills wide receiver Stefon Diggs (14) talks with ESPN NFL Insider Adam Schefter before the game against the Tennessee ***** ans at Nissan Stadium. Mandatory Credit: Christopher Hanewinckel-Imagn Images
#ncaa
3 days ago
