Kalshi filed for self-certification of the transfer portal contracts, as well as markets on whether a player will transfer to a team within a certain time period, to the Commodity Futures Trading Commission (CFTC) on Tuesday, as first reported by InGame.
The filings stated that the contracts, which would be settled based on “public announcements”, including players’ social media and other channels, would initially be listed on Dec. 17.
A surefire route to integrity issues
Baker responded to the news on Thursday with a strongly worded statement on social media site X.
“The NCAA vehemently opposes college sports prediction markets,” Baker wrote. “It is already bad enough that student-athletes face harassment and abuse for lost bets on game performance, and now Kalshi wants to of..