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Patriots ownership is now considered an investor to DraftKings

Robert Kraft waves his white flag, says the Patriots will not appeal the fine or loss of picks

Patriots ownership has now joined forces as investors to DraftKings

DraftKings, one of the top daily fantasy sports companies, has raised $300 million in new funding led by 21st Century Fox’s Fox Sports unit. The deal also calls for DraftKings to spend roughly $250 million on ads with the TV company over the next three years, according to sources familiar with the agreement.

The funding values DraftKings at more than $1.2 billion, according to multiple sources, and comes just two weeks after rival FanDuel raised $275 million.

Well today according to Darren Rovell, the Patriots ownership has now became investors with the group.  That is huge news for the powerhouse DraftKings. 

Darren Rovell    @darrenrovell
DraftKings announces that Patriots owners are now investors. FanDuel also has NFL investors but has not disclosed names

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