JACKSONVILLE, Fla. (AP) — FanDuel has agreed to pay the Jacksonville Jaguars roughly $5 million to help offset the nearly $20 million that a former employee stole from the NFL franchise and deposited at the sportsbook, a person familiar with discussions said Friday.
The person spoke to The Associated Press on condition of anonymity because neither side had disclosed the agreement publicly. ESPN first reported the deal.
The deal was finalized earlier this year, the person said. It came a year after financial manager Amit Patel pleaded guilty to stealing $22 million through a virtual credit card system the team used for expenses.
FanDuel is one of the NFL’s official gambling partners, so it made sense to find an amicable resolution with the Jaguars and avoid a potentially expensive lega