San Francisco 49ers’ Richard Sherman Announces New DFS Company

San Francisco 49ers cornerback Richard Sherman announced Thursday that he'll be the newest player in the daily fantasy sports (DFS) space with his new company, Daily Number.

According to ESPN's David Purdum, Daily Number's scoring and roster construction will differ from traditional DFS contests, such as those offered at DraftKings and FanDuel:

"Daily Number features a unique twist on traditional fantasy, with entrants creating seven-player rosters that attempt to eclipse a predetermined total amount of fantasy points, set by the site and known as the 'daily number.' Each roster is given a rating. The more superstars on a roster the lower the payout is for teams that score more points than the daily number."

Sherman is a co-founder in the new DFS venture and will also be Daily Number's chief brand ambassador. Tom McCauley will serve as the company's CEO.

>> Sign up for The Action Network's daily newsletter to get the smartest NFL conversation delivered into your inbox each morning.

In a press release announcing the launch, Sherman shared his excitement about the unique venture:

"I've been pitched numerous DFS opportunities, but nothing has even come close to comparing to Daily Number. I'm extremely excited to be a founding partner and look forward to playing an active role in helping the company grow during this very dynamic time in our industry."

The former leader of Seattle's "Legion of Boom" secondary continues to recover from a torn Achilles tendon suffered last November and is expected to return to game action Saturday against the Indianapolis Colts.