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DraftKings CEO says merger will not increase players’ fees

Nov
19

DraftKings and FanDuel insist their decision to join forces will benefit players, but the daily fantasy community is concerned about the merger of its two largest operators and is especially Cam Atkinson Authentic Jersey fearful that the sites’ commission fees will increase.

The companies announced the agreement to merge Friday morning. Both sites will continue to operate under their existing brands through the 2017 NFL season, and for now players should not expect to see significant changes until the deal is finalized. But players are worried fees will increase to a point where the game may become unbeatable down the road.

“The case has moved quickly,” Goldsmith said. “And I believe the court is doing what it can to move the case along. It’s a high-profile case with a lot of precedential value. The court is aware of San Diego’s situation, and I think that’s very helpful.”

The Chargers also filed a brief supporting the initial ruling of citizens’ initiatives being classified as simple majorities.

Roger Goodell told reporters in Los Angeles on Thursday that the Chargers have not requested an extension on their Los Angeles option.

The Chargers have a tenant-lease agreement with Kroenke that lowers the team’s risk because they do not have to borrow money for construction of the $2.6 billion project.

The Rams and Chargers would jointly share revenue such as naming rights, suites, sponsors and advertising. The teams would be on their own to sell season tickets and personal seat licenses.

However, the risk for Spanos is the franchise would be Dalton Prout Authentic Jersey on the hook for a $650 million relocation fee, paid over 10 years, which was determined during the January NFL owners meeting in Houston.

DraftKings CEO Jason Robins, who will be the joint company’s chief executive officer, said he has heard the players’ concerns, but doesn’t believe the merger will have an impact on commission fees.

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