Major League Baseball on Thursday signed an exclusive multi-year deal making Polymarket its official prediction market partner.
The deal gives Polymarket sole rights to use MLB trademarks and logos, with promotional space on the league’s website and at games.
Front Office Sports reported the agreement may be worth between $150 million and $300 million over three years, though financial terms were not officially disclosed.
MLB And CFTC Make History
MLB also signed a memorandum of understanding (MOU) with the Commodity Futures Trading Commission, the first between the federal regulator and any professional sports league.
The MOU covers information sharing, fraud prevention and game integrity monitoring.
CFTC Chairman Michael Selig, who said last week that the CFTC does not “discriminate between sports and politics and corn,” said the agreement adds “additional tools” to protect prediction markets from …
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