Saquon Barkley sells Polymarket stake to comply with NFL rules
The NFL confirmed players may not invest in or promote sportsbooks or prediction markets, while the NBA, MLB, MLS and NHL have signed deals with them.
Eagles running back Saquon Barkley sold his equity stake in Polymarket because NFL rules do not let players invest in or endorse prediction-market companies, Front Office Sports reported, citing an interview with Barkley.
Prediction markets host event contracts, which pay out depending on whether a stated event happens. Barkley said the league tells players before each season what they can and cannot do on endorsements, investments and training. “I am not in that right now,” he said. Polymarket declined to comment.
The details
- The NFL confirmed on Wednesday its ban on investing in and promoting sportsbooks and prediction markets. It declined to comment on Barkley’s case.
- An NFL Players Association spokesperson told the outlet in January that the league views prediction markets as gambling entities, so players cannot endorse companies such as Kalshi or Polymarket.
- Polymarket was listed among Barkley’s startup investments in a profile published last September, according to the report.
Source
Report by Front Office SportsPolymarket
Drafted with AI assistance from a report by Front Office Sports and reviewed by our editors before publication. How we work