Image via Front Office Sports ESPN NFL insider Adam Schefter has been confirmed as an early-stage investor in sports gaming company Underdog as the company moves toward a potential sale valued at up to $2.15 billion. According to multiple reports, Underdog confirmed Schefter’s investment after news emerged that the company is being acquired by U.K.-based IG Group. The proposed transaction is structured at up to $2.15 billion, including an upfront payment, potential earnout provisions for shareholders, and additional performance-based compensation for eligible employees. Schefter reportedly participated in Underdog’s 2021 funding…
Read MoreAdam Schefter Confirmed as Early Underdog Investor Amid Potential $2.15 Billion Sale
