Front Office Staff for the Hall Of Fantasy League’s Inaugural Season

Hall of Fame Resort and Entertainment Company Announces Front Office Staff for the Hall Of Fantasy League’s Inaugural Season

Former NFL players and top fantasy experts will lead each franchises’ daily roster management and regular interactions with team Stakeholders

CANTON, Ohio – July 22, 2021 – Hall of Fame Resort and Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football, today announced the Front Office staffs for the 10 franchises competing in the inaugural season of the Hall Of Fantasy League (“HOFL”), the first national league that allows sports fans to experience a fantasy football team with a community of shared Stakeholders. As a result of HOFV’s partnership with StakeKings, fans who purchase a stake in any of the HOFL’s teams are eligible to receive their pro rata share of winnings based on the success of their respective franchise during the 2021-22 season. Fans can purchase stakes today by clicking here.

Each franchise will consist of a dedicated Front Office comprised of prominent fantasy experts and former NFL players, who will serve as General Managers and Team Captains. The Front Office staffs will be responsible for the configuration and daily management of rosters as well as regular engagement with their respective franchise’s Stakeholders. The Front Office personnel for the 2021-22 season include:

Terrell Davis, Commissioner of the HOFL and Pro Football Hall of Famer, said, “The HOFL is rolling into its inaugural season with serious momentum as the pre-season ramps up and Stakeholders lay claim to their teams. There is a high level of anticipation for the League within the NFL, fantasy and sports fan communities. I am thrilled to be part of this transformational League season and look forward to the franchise battles and trash talking ahead!”

Michael Crawford, President and Chief Executive Officer of HOFV, stated, “It’s the beginning of fantasy football season and we could not be more excited to unveil the Front Offices for the 2021-22 season of the HOFL! The HOFL offers a unique value proposition for fantasy sports fans unlike any other national league. It is the only place where fans can be part of a fantasy franchise that is managed by some of the top fantasy experts and beloved former players, and be eligible for a pro rata share of season winnings. Let the games begin!”

Each franchises’ Front Office will take input from their Stakeholders and crowdsource decisions regarding their teams, but will ultimately have sole discretion on all decision-making. General Managers will interact directly with their respective Stakeholders on the HOFL app via their team's feeds, and can take part in exclusive team chats and a direct message feature called "DM the GM." General Managers will also contribute weekly content on the HOFL app by providing commentary and analysis regarding roster decisions, trades, waiver wire pickups and previewing and recapping key matchups, while Team Captains will provide distinct fantasy insights, analysis and perspective that reflects their experience in the League. Team Captains will also periodically engage with Stakeholders on the HOFL app. The HOFL app will be available on the App Store and Google Play in the coming weeks.

The HOFL will leverage its access to the Pro Football Hall of Fame, NFL alumni and fantasy football personalities to create original video, audio and written league-focused content that will be hosted on its platform, helping to entertain, educate and engage team Stakeholders throughout each week of the season. To keep up to date on the latest news surrounding the HOFL – including the date of the first draft in League history – fans can visit www.thehofl.com or listen to The HOFL Podcast on Apple Podcasts, Soundcloud or Spotify. Fans of the HOFL can also purchase team apparel of their favorite franchises via the League website.

About Hall of Fame Resort and Entertainment Company

Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort and Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.

About Hall of Fantasy League

Hall of Fantasy League (HOFL) is the first National Fantasy League that allows you to experience a fantasy team with a community of shared Stakeholders. Launching with 10 regionally based franchises in key U.S. markets, HOFL teams will be managed by a dedicated Front Office of fantasy experts and include former NFL players as Team Captains. Participation in the league will come in the form of staking, which will allow the public to financially back individual teams, become team Stakeholders, and gain access to exclusive content, communications, and team governance features. The HOFL’s inaugural draft is expected to take place in summer of 2021 and its first season will commence alongside the 2021-22 NFL season. For more information visit www.thehofl.com.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words and phrases such as “opportunity,” “future,” “will,” “goal,” and “look forward” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of the business combination; costs related to the business combination; the inability to obtain or maintain the listing of the Company’s shares on Nasdaq; the Company’s ability to manage growth; the Company’s ability to execute its business plan and meet its projections; potential litigation involving the Company; changes in applicable laws or regulations; general economic and market conditions impacting demand for the Company’s products and services, and in particular economic and market conditions in the resort and entertainment industry; the potential adverse effects of the ongoing global coronavirus (COVID-19) pandemic on capital markets, general economic conditions, unemployment and the Company’s liquidity, operations and personnel, as well as those risks and uncertainties discussed from time to time in our reports and other public filings with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media/Investor Contacts:

For Hall of Fame Resort & Entertainment Company

Media Inquiries: public.relations@hofreco.com

Investor Inquiries: investor.relations@hofreco.com