8/21 – Dan Patrick’s Latest Venture

Fantasy sports is a growing market and DirecTV sports radio personality Dan Patrick is looking to get a piece of it.  He’s created his own online sports game, Cover5.  Patrick says unlike most other fantasy sports leagues, his game won’t require the huge time commitment players often feel they need to do in the required research.

“Sports fans deserve a game that actually feels like a game, not a never-ending chore,” Patrick says.  How complicated is it? The press release describing the trouble with fantasy sports took about 200 words to just state the problem.  The multisport fantasy game has been in beta-testing for several months.  Patrick and his partners have so far reportedly raised about $500,000 to launch the site, which will make money from selling special features to users as well as encouraging companies to sponsor teams similar to how bars and restaurants sponsor real-world softball leagues.  About 30 million Americans played fantasy football during the 2011 NFL season — and it is estimated the fantasy sports industry produces an estimated $800 million in profits a year, reports Inside Radio.

 

 

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