Fantasy sports conference rekindles memories of early years

CBC Distribution and Marketing Inc., the parent company of CDM Sports, was denied a license to use player statistics, forcing the company to sue. This brought the elephant in the room to the forefront in a decision that would make or break the industry. Realize this: We were a young industry, and many could have lost years of work and jobs. Once we had built an industry, the professional leagues were now ready to take control of it. 

The issue was license fees for statistics. At the time possibly a dozen companies were paying fees, but that number always changed. The ESPNs and Yahoo!s of the world  and the venture-backed companies usually had licenses. Those who could afford it. The leagues were generating a fraction of the dollars they felt they should, but they were generating some fees. Now, everything was on the line. This helped unite the industry, and the courts eventually ruled against the pro leagues. It was a great day, and I remember the association at a conference giving Charlie Wiegert, the face of CDM, a thunderous round of applause. Who says the little guy can't win?

The FSTA has gone through many changes in leadership and members, but the core group of individuals are still there. Now many are being honored yearly with induction into the FSTA and Fantasy Sports Writers Association's halls of fame. It's always special and exciting to see friends, including employees of my now-former company, to talk shop and look toward the future while enjoying the present. It's hard to believe it's going on 14 years since the first time this industry informally met, and it's still growing in stature and respectability.

 

FSTA winter conference highlights

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