Kalshi described the deals with five MLB teams it announced Tuesday as all being “exclusive,” but that’s not exactly right, Front Office Sports has learned.
Although Kalshi’s press release originally described all the deals as “exclusive, multi-year brand partnerships,” at least two of the deals—with the Braves and Giants—are not exclusive, two sources tell FOS. Those teams can enter into other prediction-market partnerships if they so choose. A representative for the Giants confirmed to FOS that the deal is not exclusive.
The deals with the Dodgers and Red Sox are exclusive, according to the press releases issued by both of those teams, while it’s not clear if the Padres agreement is exclusive. A representative for the Braves declined to comment, and a representative for the Padres did not immediately respond to a request for comment.
A representative for Kalshi tells FOS the error was not on purpose and the company has amended its press release. The company also issued individual press releases about each deal to local media on Tuesday that had the correct information.
Some of the deals are not guaranteed to last multiple years, with mutual opt-out clauses under which either side can walk away in October, the sources say.
