FTC seeks to block merger of FanDuel and DraftKings

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BOSTON — Federal regulators are challenging the planned merger of FanDuel and DraftKings, saying the combination of the two largest daily fantasy sports sites would create a company controlling more than 90 percent of the market.

The Federal Trade Commission announced Monday that it will file a complaint – along with the attorneys general of California and the District of Columbia – seeking to temporarily stop the deal, pending an administrative trial scheduled for Nov. 21.

Combining the onetime rivals would “deprive customers of the substantial benefits of direct competition,” Tad Lipsky, acting director of the commission’s Bureau of Competition, said in a statement.

DraftKing’s Jason Robins and FanDuel’s Nigel Eccles, the CEOs of the two companies, said in a statement that they’re disappointed by the FTC’s decision and are weighing their options.

Daily fantasy sports contests are online games in which players build rosters of real-life athletes and vie for cash and other prizes based on how those athletes do in actual games. They grew in large part from a 2006 federal law that banned online gambling but created a specific niche for fantasy sports.

The FTC, in announcing the complaint, said it wasn’t convinced that other fantasy sports companies could provide sufficient competition if the merger went through.

It also said consumers were unlikely to view other products, including the traditional, season-long fantasy sports competitions played by millions of Americans each year, as a meaningful substitute for the contests offered by the two companies.

Boston-based DraftKings and New York-based FanDuel agreed to merge in November as the industry they helped pioneer fell under intense regulatory scrutiny.

With the two companies engaged in a costly advertising war, state attorneys general, lawmakers and gambling regulators across the country began to question whether the online contests amounted to illegal sports-betting operations.

At the time the merger was announced, the companies maintained their niche business was just a small part of a larger, multibillion dollar fantasy sports industry in which ESPN, Yahoo and other major corporations have long dominated.

The companies said a merger would help them reduce costs as they lobbied for state laws recognizing their legality and fought off legal challenges in court, as well as help them improve their contests.

Both had raised millions of dollars through investors and sponsorships with prominent teams and sports leagues in a few short years but still weren’t profitable.

But the daily fantasy sports industry has sharply contracted in the past year, despite roughly a dozen states adopting new laws and regulations.

More than two-thirds of daily fantasy sports companies have shuttered, changed focus or joined with competitors, the Fantasy Sports Trade Association has said. That’s left DraftKings and FanDuel as the largest remaining operators.

DraftKings, which was founded in 2012, is the currently the largest in terms of entry fees and revenues. FanDuel, which was founded in Scotland in 2009, is the second largest.

What to know about Super Bowl 2023: Date, location, halftime performance info, and much more

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The NFL playoffs are in full swing and Super Bowl 2023 will be here before we know it! See below for answers to all of your questions about the big game. Be sure to tune to NBC and Peacock every week for Sunday Night Football games this season and extra content from Mike Florio, Matthew Berry, Chris Simms and more.

RELATED: When do the 2022 NFL Playoffs start: dates, schedule, playoff format, overtime rules, and more

Four teams are left heading into the Conference Championships and only two will make it to Super Bowl LVII. Ahead of this weekend, here’s everything you need to know about the biggest game of the NFL season.

RELATED: 2022 Sunday Night Football Schedule: TV channel, live stream info, NFL schedule

When is Super Bowl 2023?

Super Bowl 2023 takes place on Sunday, February 12 at 6:30 p.m. ET on Fox.

Where is Super Bowl 2023?

Super Bowl 2023 will be contested at State Farm Stadium–home of the Arizona Cardinals– in Glendale, Arizona.

Who is performing the halftime show at Super Bowl 2023?

It was announced in September, that international popstar, entrepreneur, and philanthropist Rihanna will headline the halftime show at Super Bowl 2023.

RELATED: How to watch Matthew Berry on NBC Sports

When was the last time Rihanna released an album?

Rihanna’s most recent album “Anti” came out in 2016. The Barbados native has spent the last few years venturing into various business industries including beauty, fashion, and makeup. Additionally, the superstar welcomed her first child, a boy, in May of 2022.

Why does the NFL use Roman numerals?

AFL and Chiefs founder Lamar Hunt proposed using Roman numerals for each Super Bowl to add pomp and gravitas to the game. Roman numerals were, unsurprisingly, used in ancient Rome as a number system. I stands for 1, V for 5, X for 10, L for 50 and C for 100. That’s right: In 2066, get ready for Super Bowl C.

Super Bowl V was the first to use Roman numerals. They were retroactively added to the Super Bowl II to IV logos and have been used each year since⁠ until 2016. For Super Bowl L, or 50, the NFL tried out 73 different logos before breaking down and using a plain old “50.”

The Roman numerals for this year’s big game, Super Bowl 57, are LVII.

Which NFL team has the most Super Bowl wins in NFL history?

The Patriots and Steelers are not only familiar with playing on the big stage, but they also know what it takes to come out on top. New England and Pittsburgh are tied for the most Super Bowl victories in the NFL with six each. The San Francisco 49ers and Dallas Cowboys have won five Lombardi Trophies each and the Green Bay Packers and New York Giants are tied with four Super Bowl championships.

  • New England Patriots: 6
  • Pittsburgh Steelers: 6
  • San Francisco 49ers: 5
  • Dallas Cowboys: 5
  • Green Bay Packers: 4
  • New York Giants: 4

RELATED: 2022 NFL Regular Season Schedule – How to Watch, Live Stream, Dates, Times, Matchups


How to watch Sunday Night Football on Peacock:

If you have access to NBC via your TV provider, you can watch Sunday Night Football on your TV or with a TV provider login on the NBC Sports app, NBC app, or via NBCSports.com. Check your local listings to find your NBC channel. If you can’t find NBC in your channel lineup, please contact your TV provider.

If you don’t have access to NBC via your TV provider, you can stream Sunday Night Football on Peacock with a $4.99/month Peacock Premium plan.  Sign up here or, if you already have a free Peacock account, go to your Account settings to upgrade or change your existing plan. 

Please note that selection of a Premium plan will result in a charge which will recur on a monthly or annual basis until you cancel, depending on your plan. You can cancel your Premium plan at any time in your Account.

What devices are compatible with Peacock?

Peacock is available on a variety of devices. See the full list here.

In addition to Sunday Night Football, what else can I watch with Peacock Premium?

Premium is your key to unlocking everything Peacock has to offer. You’ll get access to all the live sports and events we have, including Premier League and WWE Premium Live Events like WrestleMania. You’ll also get full seasons of exclusive Peacock Original series, next-day airings of current NBC and Telemundo hits, plus every movie and show available on Peacock. There is always something new to discover on Peacock Premium.

Follow along with ProFootballTalk for the latest news, storylines, and updates surrounding the 2022 NFL Season, and be sure to subscribe to NFLonNBC on YouTube!

2023 NFL Playoffs: What to know about SF QB Brock Purdy Ahead of NFC Championship game

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The NFC crown is up for grabs on Sunday, and it will be Jalen Hurts and the Philadelphia Eagles squaring off with Brock Purdy and the San Francisco 49ers to secure a ticket to Super Bowl LVII in Glendale, Arizona. These two high-powered teams have both had seasons for the storybooks, but possibly no story this year has been greater than that of “Mr. Irrelevant’s” emergence.

From the 262nd pick in the draft to a third-string quarterbacking role, the odds of Purdy making a splash in the NFL seemed all but impossible at the start of the season. But just months later, the 23-year-old finds himself captaining one of the league’s most storied franchises on a playoff run in hopes of bringing a sixth Lombardi home to the Bay.

The 49ers will take on the Eagles in the NFC Championship game Sunday, Jan. 29 at 3 p.m. EST. Let’s take a closer look at Purdy’s emergence from “Mr. Irrelevant” to QB1.

RELATED: 49ers vs. Eagles NFC Championship matchup, series history

Where did Brock Purdy go to college?

Before Purdy was a Niner, he was first an Iowa State Cyclone.

In fact, Purdy rose to stardom in Ames much like he is now doing in San Francisco. Purdy entered the picture at Iowa State as the third-string quarterback, in line for field time behind quarterbacks Kyle Kempt and Zeb Nolan.

The season-opener, however, shook things up. Kempt suffered an MCL injury against Iowa, bumping up Nolan to the role of signal-caller. Nolan then saw a rough three-game stretch, forcing ISU coach Matt Campbell to give the freshman Purdy an opportunity.

Purdy would take this opportunity and run with it. He first entered the scene mid-game against Oklahoma State, leading the Cyclones to a thrilling victory over the Cowboys as they edged them out, 48-42. Purdy was now the man for Iowa State.

In his four-year career, Purdy was simply a winner. He finished his time in Ames as Iowa State’s career leader in passing yards (12,170), total offense (13,347), touchdown passes (81), completions (993), passing efficiency (151.1) and completion percentage (67.7). The wide-eyed freshman with an opportunity developed into the winningest quarterback in Cyclones history (30-17).

RELATED: Eagles DC warned 49ers of ‘electric’ atmosphere at the Linc

Jalen Hurts vs Brock Purdy collegiate record

Sunday’s Conference Championship will not be the first time that Jalen Hurts and Brock Purdy have gone head-to-head. The Cyclones faced off with the Oklahoma Sooners in November of 2019.

While the senior Hurts and his offense diced up Iowa State’s defense early, Purdy would charge his team to a comeback from the 35-14 halftime deficit. Purdy led an epic resurgence coming out of the locker room, outscoring the Sooners 27-7. A savvy drive from the sophomore late in the fourth resulted in a 33-yard touchdown to Sean Shaw Jr., cutting the deficit to 42-35 with three minutes remaining.

On the ensuing drive, Hurts made a disastrous mistake, throwing a pass into traffic that was picked off by Lawrence White. With the ball at the Oklahoma 35, Purdy could not be stopped, pulling off a few impressive plays before connecting with Charlie Kolar in the end zone.

The scoreboard now read 42-41, and the Cyclones wanted to end the game right then and there. Purdy dropped back for the two-point conversion, throwing a dart to La’Michael Pettway. The pass hit Pettway’s hands, but was then knocked away by Oklahoma defenders. While the epic comeback could not be completed, it was a game to be remembered.

RELATED: Brock Purdy views time at Iowa State as ‘blessing in disguise’

When was Brock Purdy drafted?

Brock Purdy found a home in San Francisco on Saturday, April 30 when he was selected by the 49ers as the 262nd pick in the 2022 NFL Draft. As Melanie Salata held up the “Mr. Irrelevant” jersey on the NFL Draft stage, no one knew that the name on the back of it would rise to relevance so quickly.

The seventh-round pick was passed over by nearly every NFL team, except for one. Not even the 49ers knew that this selection would hold so much magnitude, as Purdy was merely expected to be a third-string rookie sitting behind starter Trey Lance and backup Nate Sudfeld.

RELATED: CMC vows to be ready for NFC title game despite calf discomfort

How has Brock Purdy fared as an NFL starter?

San Francisco’s blueprint at the beginning of the season would be thrown out the door very quickly. The 49ers made the decision in late August to retain veteran quarterback Jimmy Garoppolo and release Sudfeld, allowing Purdy to remain in his third-string role.

When Lance suffered a crushing injury against the Seahawks in just the second game of the season, it seemed clear that Garoppolo was destined to lead the team to its third playoff appearance in four years. Garoppolo would go 6-3 in his next nine starts, making Super Bowl aspirations once again very real for the team that lost the big game just three years prior.

In a critical battle against the Miami Dolphins in Week 12, however, that vision faded. Garoppolo suffered a broken foot on the final play of the team’s opening drive, and “Mr. Irrelevant” was now QB1.

Purdy’s first drive of the game ended in a 3-yard touchdown pass to fullback Kyle Juszczyk to give San Francisco a 10-7 lead. As with his starting role in Iowa State, Purdy has yet to look back.

RELATED: Brock Purdy’s PFF grades show how well he operates under pressure

He drove the team to a 33-17 victory over Miami, finishing the day 25 for 37 for 210 yards, two touchdowns and one interception. His starting debut came the next week, against none other than the great Tom Brady.

The rookie tore through Tampa Bay, becoming the first quarterback to ever defeat Brady in his first start. The game ended with an emotional hug from his father, who had witnessed his son take down a quarterback who has been playing pro football longer than Brock has been alive.

Purdy remains undefeated as an NFL starter. Since taking over in Week 13, “Mr. Irrelevant” has gone 7-0, with an overtime victory and two playoff triumphs. While many thought the rookie would crumble under postseason pressure, he has yet to let his team down. In the 49ers wild card battle against their division foe Seattle Seahawks, he became the first NFL rookie to score four touchdowns in a playoff game. While the divisional round success over Dallas wasn’t the prettiest victory, Purdy got the job done, advancing his team to the NFC Championship for the second consecutive year.

Will Brock Purdy play in NFC Championship game?

Now, the seventh rounder will clash with a daunting Philadelphia defense for the conference crown, with aspirations of becoming the first rookie quarterback to ever hoist a Lombardi. On Monday ahead of the Conference Championships, 49ers head coach Kyle Shanahan told media that he’d be “very surprised” if quarterback Jimmy Garoppolo was able to play in Sunday’s game, meaning that Purdy is still QB1, with Josh Johnson as the backup.

RELATED: When was the last time the 49ers made it to, won the Super Bowl?

Has a rookie QB ever started in a Super Bowl?

Should the 49ers advance to the Super Bowl, Purdy has a shot to cap an unbelievable season with a particularly remarkable accomplishment: No rookie quarterback has won a Super Bowl, and in fact, no rookie quarterback has ever started in a Super Bowl.

RELATED: Ranking potential Super Bowl LVII matchups

How to watch the Super Bowl 2023

Check out ProFootballTalk for more on the 2023 NFL Playoffs as well as game previews, picks, recaps, news, rumors and more.