• Loading stock data...
Friday, February 13, 2026

FanDuel, Jaguars Reach $5M Deal Over Employee Theft

FanDuel will pay the team a fraction of the $20 million an ex-employee stole and lost, a source confirmed to Front Office Sports.

Charles LeClaire-USA TODAY Sports

FanDuel has reversed course and will pay the Jaguars roughly $5 million as partial compensation for the nearly $20 million that a former team employee stole and then lost betting with the sportsbook, a source familiar with the matter confirmed to Front Office Sports.

The news was first reported by ESPN. 

The agreement comes more than a year after FanDuel reportedly refused to pay Jacksonville any money, with the reasoning being that reimbursement wasn’t its problem. That has now changed. FanDuel was convinced to provide the Jaguars with some compensation after the NFL encouraged the two sides to reach a resolution, and the NFL did not “actively participate” in their talks, the source confirmed. FanDuel is one of the league’s official betting sponsors.

The agreement was reached earlier this year, according to ESPN. It is unclear whether the $5 million payment has already been made. 

The NFL and FanDuel declined to comment, and a representative for the Jaguars did not immediately respond to a request for comment.

In December 2023, former Jaguars employee Amit Patel was charged in Florida with using a team-issued virtual credit card to support his lavish lifestyle and gambling addiction. He has since pleaded guilty to stealing roughly $22 million through an online credit card system that Jacksonville uses for expenses. Almost all of his losses stem from playing daily fantasy sports. ESPN reported Patel lost around $20 million on FanDuel and $1 million on DraftKings.

Patel was sentenced to six and a half years in prison last March. Later that year, in October 2024, Patel sued FanDuel over claims the company “preyed” on his gambling addiction. Patel seeks $250 million in damages over allegations of negligence, intentional infliction of emotional distress, and violations of the Florida Deceptive and Unfair Trade Practices Act.

That case remains ongoing. Most recently, in March of this year, FanDuel sought to have his case dismissed. Patel’s attorney in that lawsuit did not immediately respond to a request for comment on the deal between FanDuel and the Jaguars.

The Jaguars also sued Patel himself for $66 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Ole Miss quarterback Trinidad Chambliss returns to his seat after testifying during the hearing in his lawsuit against the NCAA at Calhoun County Courthouse in Pittsboro, Miss., on Thursday, Feb. 12, 2026. Chambliss is looking for a temporary injunction and a permanent injunction against the NCAA for one more year of eligibility.

Mississippi Judge Rules Trinidad Chambliss Can Play Another Year at Ole Miss

It’s the latest result in a flood of NCAA eligibility lawsuits.

Manfred: MLB Will ‘Consider Being in Business With Prediction Markets’

The league is actively studying the fast-growing business.
exclusive

Orioles Owner Met With Jeffrey Epstein

The meeting has not been previously reported.
Jan 10, 2026; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) and wide receiver Jimmy Horn Jr. (15) reacts in the fourth quarter in an NFC Wild Card Round game at Bank of America Stadium.

Panthers Owner Aims to Build Charlotte Into a Destination City

Tepper Sports is upgrading the Panthers’ stadium and building a new music venue.

Featured Today

Epstein Emails Show His F1 Ties Ran Deep

The sex trafficker’s circles included many of the biggest names in F1.
February 6, 2026

Milan’s Olympic Village Is Built for Performance—and Partying

Making Milan’s Olympic Village was a five-year sprint.
February 5, 2026

Welcome to the Prediction-Market Super Bowl

Hundreds of millions of dollars are being traded across many platforms.
Feb 1, 2026; Santa Clara, CA, USA; New England Patriots players arrive prior to Super Bowl LX at San Jose Mineta International Airport.
February 3, 2026

Private Equity Has Reached the Super Bowl

The Patriots are one of four NFL teams with PE investment.
Fanduel

FanDuel Joins DraftKings in Ditching Credit Card Deposits

Credit cards are “the most expensive forms of payment,” an analyst tells FOS.
February 8, 2026

Kalshi Has Big Glitches During Super Bowl Due to High Demand

Kalshi struggled with deposit delays as Super Bowl traffic overwhelmed the market.
Feb 8, 2026; Santa Clara, CA, USA; Bad Bunny performs during the half time show at the game between New England Patriots and Seattle Seahawks in Super Bowl LX at Levi's Stadium.
February 10, 2026

Cardi B Is Cautionary Tale for Prediction Markets

Whether she “performed” in the halftime show is a hotly debated topic.
Sponsored

From AUSL to Women’s Hoops: Jon Patricof on Building Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Jason Robins
February 7, 2026

DraftKings CEO Says Calls to Ban Prop Bets Are ‘Crazy’ 

Jason Robins also thinks DraftKings can dominate the prediction-market industry.
Fanatics Matt King
February 6, 2026

Fanatics Betting CEO: Why Prediction Markets and Sportsbooks Are Not the Same

“I think they will always be two distinct services.”
February 2, 2026

Heat Must Pay Terry Rozier While on Leave

The Heat had been placing Rozier’s salary into escrow.
NYSE
February 2, 2026

Why Polymarket Has Huge Boom or Bust Potential in U.S.

Polymarket has been laying the groundwork for a major push in the U.S.