SportsGrid seeks buyer after losing major sportsbook partnerships, report says

SportsGrid is being offered to potential buyers after several years of declining revenue, Front Office Sports reported Wednesday. The sports betting media company has been pitched to prospective purchasers since the summer, according to the report.

Investment bank Telos Advisers is leading the process, FOS reported, citing people familiar with the matter. An expected valuation was not disclosed, and the report did not establish that a transaction had been completed. SportsGrid and Telos did not respond to the publication’s requests for comment.

SportsGrid operates a 24-hour sports wagering network. Its television lineup includes betting discussion and analysis across professional and college sports, alongside other sports programming. The company also publishes written coverage of sports, gambling and prediction markets.

The sale effort follows the end of two significant sportsbook relationships. FOS reported that SportsGrid’s FanDuel partnership ended in mid-2025. A BetMGM spokesperson told the publication that BetMGM chose not to renew its agreement in 2024.

Telos has told potential buyers the business could return to growth through media licensing and sales agreements, according to FOS.