Photo: Adam Silver.jpg by Jen Pottheiser, CC BY-SA 4.0, via Wikimedia Commons
The NBA made Kalshi and Polymarket its preferred prediction market platforms, following the NHL and MLB, and expanded its DraftKings deal to cover DraftKings' prediction market. The platforms get official league data and the right to use NBA logos; the league gets more say over which markets are offered and signed a memorandum of understanding with the CFTC. Financial terms were not disclosed.
"We were really just waiting for that moment where we felt like we had all of the proper pieces in place." - Scott Kaufman-Ross, NBA
"The jurisdictional issue is not our issue. Our issue is the way that our game is impacted." - Scott Kaufman-Ross
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