DraftKings has announced yet another MLB-themed qualifier-only tournament for its users, a three-max entry contest entitled King of the Diamond, which will feature a total prize pool of $100,000. The contest, which will be held online, will unfold at a yet-to-be-determined date in August. The tournament features a total field of 100 entrants, with first place laying claim to a total prize-money haul of $15,000.
Satellites and Qualifiers Already Underway
Satellites and qualifiers for the King of the Diamond contest are currently running in the DraftKings lobby, with the former featuring entry fees ranging from as little as .25 cents up to $10.00, and the latter contests being offered at price points between $3.00 and $20.00.
$25,000 Awarded to Top Two Finishers
As per DraftKings, all 100 qualifiers will win cash, with the prize distribution as follows:
If one or more contestants finish tied in a qualifier contest for the event in which the tie determines who wins the seat to the King of the Diamond, there will be a tiebreaker playoff contest between the tied DraftKings players, to determine the Qualifier Winner. The scheduling of the tiebreaker playoff contest will be solely determined by DraftKings.
As of this writing, 34 of the 100 slots for the King of the Diamond are already filled, with users aejones, ChipotleAddict, tinderella and One_Eyed_Guy all having secured two seats apiece. Other notable qualifiers included DFS pros ehafner and ganondorf with one seat apiece.
Third Major Qualifier-Only MLB Event for DrafKings in 2016
The King of the Diamond contest represents DraftKings’ third major qualifier-only MLB contest, joining the previously announced $500,000 Fantasy Baseball Bracket Challenge and $4 Million Fantasy Baseball World Championship. The site continues to enjoy an apparently solid relationship with Major League Baseball despite the industry’s legal struggles of the past few months. DraftKings and MLB have an official partnership agreement in place, and MLB commissioner Rob Manfred has spoken out in support of DFS through various channels over the past several months.
DraftKings also offers multiple MLB-themed Bucket List experiences for fans, including an upcoming trip to Game 1 of the 2016 World Series with a two-night stay and airfare credit of $1,000.