Major Professional Sports Leagues Seek Fee from Legal Sports Betting

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NEW JERSEY -

America's major professional sports leagues are split on how to get a piece of the action from legal sports betting after failing to get early adopting states to cut them in.

However, they are hoping to get back in the game this year with several state legislatures considering granting them fees from sports bets.

The National Football League, Major League Baseball, National Basketball Association, and the National Hockey League fought to stop the spread of sports gambling for years before the United States Supreme Court ruled last year to grant New Jersey and other states the option to allow wagering.

So far, no state has approved the .25-percent fee that baseball and basketball want from the total of all bets made on their respective sports.

Leagues have separately contracted with individual gambling companies to monetize league data and logos.

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