Extending a consolidation spree by players that include Yahoo and ESPN, Fantasy Sports Ventures said Monday that it has acquired football tipster TheHuddle.com.

Though financial details were not disclosed, the purchase price was for seven figures, according to Whitney Walters, co-founder of TheHuddle, based in Lake Tahoe, Nevada.

New York City-based Fantasy Sports Ventures has cobbled together a network of six owned and 64 affiliated fantasy sports sites that both complement and compete against media giants like ESPN, Yahoo, CBS, Time Warner’s AOL, and News Corp.’s Fox.

Christopher J. Russo, a former general manager of the National Football League’s new media businesses, founded Fantasy Sports Ventures in late 2005 and has funded the company through angel investors.

“Certainly there’s a lot of venture capital interest in the space and in our company, but we’ve pursued alternative financing at the moment,” he said.

Mr. Russo, no relation to New York City sports radio personality Christopher “Mad Dog” Russo, said that by pulling together fantasy sports companies under one corporate umbrella, Fantasy Sports will be able to offer advertisers a single point of access to an avid audience of young male sports fans.

“Our perspective is there are a number of niche fantasy content sites and [they] could be brought together in a larger property,” he said. “Prior to our putting this together, it was hard for advertisers to reach these one-off properties. There’s a huge opportunity in advertising sales, but you need traffic.”

In fantasy sports, football, baseball, basketball, and hockey fans take on the role of general manager, spending fantasy dollars to draft players onto mock teams. The teams compete in fantasy leagues run by media companies like Yahoo and the NFL itself. Each team's success is based on the stats of the players drafted.

To improve their chances, fantasy league players often consult web sites like TheHuddle.com for scouting and injury reports, and analysis of upcoming games.

Mr. Russo said the network has an estimated 3 million unique users and the typical fantasy player spends five or six hours online per week managing their teams.

A study released in August by the Fantasy Sports Trade Association said that 19.4 million people in the United States and Canada participate in fantasy sports.

Mr. Walters, is a former computer programmer with Electronic Data Systems and IBM who co-founded TheHuddle with David Dorey in 1997, allowing him to tap his knowledge of coding and love of football.

In February, ESPN acquired fantasy site Talented Mr. Roto, while in June, Yahoo snapped up Rivals.com for about $100 million.