NFL Requires Saquon Barkley to Drop Polymarket Stake
WHO:
ESPN - The NFL Players Association said the league views prediction markets as gambling entities.
ESPN - Barkley told Front Office Sports, “I was in it before, but no bueno.”
Fox News - Saquon Barkley, an Eagles player, said he had to give up his Polymarket equity stake.
NY Post - Saquon Barkley is no longer in the prediction-market business.
Newsweek - Saquon Barkley is an Eagles star who said the NFL forced him to give up his stake in a prediction-market platform.
WHAT:
ESPN - The NFL tells players before each season what they can endorse and invest in.
ESPN - Barkley had invested more than $500,000 in startups including Anthropic, Anduril, Ramp, Cognition, Neuralink, Strike, and Polymarket, according to The Profile.
ESPN - The NBA, Major League Baseball, NHL, and MLS have deals with Kalshi, Polymarket, or both.
ESPN - The NFL asked the U.S. Supreme Court to review whether sports-event contracts offered by prediction markets fall under state gambling regulators’ authority.
Fox News - Barkley said he had to sell his equity stake in Polymarket.
NY Post - Barkley revealed he was forced to divest his stake in Polymarket.
Newsweek - Barkley said the NFL forced him to give up his stake in a controversial prediction-market platform.
WHY:
ESPN - The NFL Players Association said players cannot endorse or act as brand ambassadors for prediction-market companies under the gambling policy.
Fox News - The NFL’s gambling rules bar players from having ties to prediction markets.
Eagles star Saquon Barkley says NFL rules forced him to sell his Polymarket stake. The league bars players from endorsing prediction-market companies or serving as brand ambassadors. The NFL considers prediction markets gambling entities and is challenging their regulation before the Supreme Court.