There's big money in fantasy sports. Last year, alone, people paid $1.7 billion to play in fantasy leagues. With all that money sloshing around, a fantasy economy has sprung up, giving rise to real businesses. Here are four of them.
The Insurance Company
Henry Olszewski founded Fantasy Sports Insurance in 2008 — the year the financial system nearly collapsed. And, more importantly, the year New England Patriots quarterback Tom Brady suffered a serious hit to the knee.
Backing a losing NFL team isn't just bad for your pride.
It's bad for your waistline.
A study that links sports outcomes with the eating behavior of fans finds that backers of NFL teams eat more food and fattier food the day after a loss. Backers of winning teams, by contrast, eat lighter food, and in moderation.
On this third day of Sports Illustrated's five-part series that exposes what the magazine says are sweeping problems in Oklahoma State University's football program — including money being paid to players, tutors doing players' schoolwork and women from a "hostess program" having sex with recruits — the school's president is vowing to investigate it thoroughly.