Those who have been dreaming of making money in daily fantasy sports may be in for a rude awakening. A class-action lawsuit has been filed against the 2 major players in the industry, DraftKings and FanDuel, questioning the self-regulatory methods of their contests. The recent scandal has shades of insider trading, where employees from each company would take the internal information (including player rankings, strategy, etc) and submit “teams” to the opposing company. Both companies have been advertising heavily with popular sports leagues like the NFL and MLB, leading many to believe they are very financially successful. The latest lawsuit was filed by a man from Watertown, MA (DraftKings is based in Boston, while FanDuel is based in New York City). Read MoreGoogle+
The NFL, MLB, NBA, and NHL were quick to remind New Jersey that there’s no such thing as a safe bet. The major professional sports leagues have filed a lawsuit against a recently passed law that had the hopes of on-site legalized sports gambling. Currently, the only place in the United States where you can place a live bet on pro sports is Las Vegas, but NJ Governor Chris Christie has other ideas in mind. Monmouth Park, a racetrack in South Jersey, was on the verge of being able to accept bets for NFL, MLB, NBA, NHL, and NCAA games before the lawsuit was filed. The federal court quickly agreed with the sports leagues, and now New Jersey will have to find an alternative route to taking legal sports bets.Google+
In the latest installment of the National Football League-to-Los Angeles saga, Pasadena City Council members voted 7 to 1 in favor of increasing the annual limit of big-time events at the Rose Bowl from 12 to 25. The motive for adding dates lies primarily in temporarily bringing an NFL team (sic: the Jacksonville Jaguars) to the area while a new stadium in Los Angeles is finalized. While the league, media, and NFL fans across the country would love for the entertainment capital of the world to have a team call Hollywood home the vote’s largest opponent may be its sternest competition: Pasadena residents.Google+
Following the reports of Osama Bin Laden’s death in May of 2011, Pittsburgh Steelers’ running back Rashard Mendenhall took to twitter in an attempt to curb the Nation’s enthusiasm. The remark not only earned him public backlash, but also got him cut from his endorser Hanesbrands’ roster. Mendenhall retaliated in July of the same year by filing a lawsuit against the corporate clothier for terminating his contract. His argument: Does a public figure concede the right to express an opinion that may not coincide with the views of the brand he or she endorses?
The Philly Phanatic, mascot of the Philadelphia Phillies baseball team, is one of the most loved and absurd among sports mascots. It also holds the dubious honor of being the most sued mascot. Most recently, he is being sued for an incident that occurred at the Golden Inn Hotel and Resort in New Jersey in 2010. The victim of this case is Suzanne Peirce, who was at the hotel to attend a wedding. While sitting around the pool and enjoying the comic routine of the big furry green weirdo, the Phanatic allegedly approached Ms. Peirce, picked up the lounge chair she was sitting in, and threw her and the chair into the pool. Unfortunately for Ms. Peirce, the Phanatic threw her into the shallow end of the pool, where she hit the bottom and suffered “severe and permanent injuries to her head, neck, back, arms and legs, bones, muscles, tendons, … and other injuries, the full extent of which is not yet known.” Ms. Peirce now must walk with a cane. Along with the Phanatic, Ms. Peirce also sued the owners of the hotel, and the Phillies baseball team. Both Tom Burgoyne and Matt Mehler were named in the suit, as both share the duty and burden of the Phanatic cowl.Google+