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Nate Silver's Blog to Be Its Own ESPN Franchise

Nate Silver's Blog to Be Its Own ESPN FranchiseNate Silver's Blog to Be Its Own ESPN Franchise

Nate Silver's FiveThirtyEight blog will become its own franchise at ESPN, with its own team of journalists, editors and analysts, the network said in officially announcing his move Monday.

FiveThirtyEight will be similar to Bill Simmon's Grantland, which is also owned by ESPN. New hires will be made in the coming months, ESPN said.

Silver will also contribute to ABC's election coverage through at least the 2016 elections.

Also read: Nate Silver Leaves New York Times for ESPN

"This is a dream job for me. I'm excited to expand FiveThirtyEight's data-driven approach into new areas, while also reuniting with my love of sports," Silver said in a statement. "I'm thrilled that we're going to be able to create jobs for a great team of journalists, writers and analysts."

Silver is best known for his nearly dead-on election predictions in 2008 and 2012. The New York Times began hosting his blog in 2010 for its election coverage, though Silver started his career predicting baseball outcomes.

Silver tweeted: "There are lots of amazing people in the NYT newsroom. I will miss them. I greatly admire the job that Jill Abramson is doing."