Deal with NFLPA

DraftKings to launch gamified NFL player NFTs

2021-12-07
Reading time 1:38 min

DraftKings and NFL Players Association (NFLPA) have signed an agreement to launch gamified NFT (non-fungible token) collections on DraftKings Marketplace during the 2022-2023 NFL season.

The deal announced Tuesday was made via OneTeam Partners (OneTeam), the group licensing partner of the NFLPA. It grants DraftKings licensing rights for active NFL players, including the authentic use of name, image and likeness. This marks the debut integration of gamified NFTs by one of the world’s preeminent athlete unions and a major sports technology and entertainment company.

“The future of fandom is unfolding in front of us, and few organizations beyond DraftKings are as equipped to capitalize on the increasing intersection between sports and NFTs that will be cornerstones of engagement and entertainment within Web3,” said Beth Beiriger, SVP of product operations for DraftKings Marketplace. “We will continuously adapt, innovate and seek progressive collaborators like the NFLPA and OneTeam to reach early adopters among fanbases and ultimately introduce these next-generation products to the masses.”

Initial anticipated features of DraftKings’ gamified NFL player NFTs include the ability for customers to use these collectibles within games against others on the platform as well as separate buying and selling functionality. It is expected there will be a variety of NFT editions and tiers that incorporate different aspects of utility and digital scarcity, all powered by Polygon. DraftKings previously announced a strategic agreement with Polygon to provide a scalable, eco-friendly blockchain solution that enables added throughput, lower transaction fees and expanded capabilities.

“The NFLPA strives to be at the forefront of innovative new products, and the emerging landscape of digital entertainment that creates excitement among players and fans. We look forward to integrating NFL players into DraftKings’ NFT experience to create authentic connections for avid fans,” said Sean C. Sansiveri, General Counsel and Head of Business Affairs at NFL Players Inc., the marketing and licensing arm of the NFLPA.

This eventual NFL player NFT integration will coincide with DraftKings’ existing NFL designations that include being an Official Daily Fantasy and Sports Betting Partner of the league

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