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Video: The billion-dollar business of fantasy football

Posted at 7:37 PM, Sep 03, 2014

​It’s that time of the year again when competitors around the country gear up to go head-to-head in their living rooms, cubicles and anywhere else with a wi-fi connection.

It’s fantasy football season for millions of sports fans around the country, and with every passing year the business of fantasy sports continues to grow.

From fantasy TV channels to "expert analysis," fantasy football employs a lot of people — and that number of people is only overshadowed by the amount of participants. 

According to the Fantasy Sports Trade Association, an entire organization dedicated to tracking all things fantasy, there are more than 33 million people who will play fantasy football this year. More importantly, on average each one of them will spend $111 on league-related costs; making fantasy football a very real billion dollar industry.

Find out more with this Newsy video.