Georgia men’s basketball gets $10M from Adam Wexler, founder of DFS operator PrizePicks
The University of Georgia men’s basketball program is getting a $10 million increase from the founder of one of the nation’s largest every day fantasy sports activities firms.
Adam Wexler, a Georgia alumnus who based main fantasy operator PrizePicks, is donating $10 million to the Bulldogs’ basketball program, the college introduced Thursday.
It’s the biggest philanthropic dedication by a single donor in UGA Athletic Association historical past, in keeping with the college, and can help personnel and working bills throughout the men’s basketball program.
The reward is the newest multimillion-dollar donation to a collegiate athletic program within the NIL period. Wexler stated his father’s ties to the college as a former Georgia soccer participant and observe athlete fueled his ardour for the Bulldogs.
“There has never been a more interesting time in the history of collegiate athletics for donors to make a difference, and I’d love for this to be the start of something much bigger for the Bulldog community,” Wexler stated in a launch saying the donation.
Wexler, a 2007 graduate from Georgia, informed ESPN that basketball has at all times been his favourite sport and stated he hopes the reward helps “build on the momentum from the last couple years” beneath coach Mike White. The Bulldogs reached the NCAA event the previous two seasons.
“Our ultimate goal is to grow Georgia Basketball into a program that regularly competes at the highest levels,” White stated within the launch. “Georgia Basketball is very important to Adam Wexler, and his incredibly generous gift will assist us greatly in our pursuit to achieve that standard.”
Wexler launched PrizePicks in 2015 and made the corporate one of the premier every day fantasy operators within the nation. He stepped down as CEO of PrizePicks in 2024 and lately began The Hidden Jams, a nonprofit music discovery platform targeted on connecting music followers to their subsequent favourite track.
