DraftKings Scores Multiyear Extension to Major League Baseball Deal
Already benefiting from the recent return of top professional sports, DraftKings (NASDAQ: DKNG) has received another boost from the pro ranks. The company has announced that it signed a multiyear expansion of its existing partnership with Major League Baseball (MLB).
Under the terms of the arrangement, DraftKings will stay in its current position as MLB's exclusive daily fantasy sports partner. The company said the deal will also widen its content rights regarding the use of MLB photos, logos, and video within DraftKings fantasy baseball games.
Image source: Getty Images.
Source Fool.com