NFLPA Sues DraftKings for $65M Over NFT Contract Breach

The lawsuit claims DraftKings owes millions from a licensing agreement after shutting down its NFT marketplace.

The NFL Players Association filed the lawsuit in New York federal court, citing breach of contract.
DraftKings ended its NFT-powered Reignmakers fantasy sports game, citing legal developments.
The NFLPA argues DraftKings cannot terminate the agreement due to market downturns or legal pressures.
DraftKings offered cash payments to NFT holders after discontinuing the Reignmakers platform.
DraftKings faces a separate lawsuit in Massachusetts over allegations of selling unregistered securities.