Tag: NFT

NFLPA sues DraftKings over NFTs

On Wednesday (20 August) the NFL Players Association (NFLPA) filed a lawsuit against DraftKings and its parent company DK Crown Holdings, Inc in US District Court for the Southern District of New York stemming from DraftKings' July shutdown of the Reignmaker NFT.
The NFLPA is seeking damages for an “anticipated breach of contract”, claiming that it provided DraftKings with intellectual property rights licensing for NFL players. The product allows consumers to buy NFTs for use in fantasy sports contests.

Most documents around the lawsuit are under seal and the docket does not indicate when the seal may be lifted. The NFLPA’s attorney filed a court order asking to file redacted documents. David Greenspan, an antitrust, sports and complex-commercial litigator with the New York City firm Winston & Strawn LLP, is listed as the NFLPA counsel.

Greenspan has previously worked with athletes and has won multiple anti-trust class-action lawsuits against the NCAA. Those cases centred arou..

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