The present disclosure provides a gaming system and method providing a fantasy sports game. The gaming system enables a player to create a fantasy sports team associated with a sports league, select one or more athletes who play or have played in that sports league to include on the player's team, and enter the player's team into a competition against other teams. For each of the teams, for each of the athletes on that team, the gaming system determines a simulated performance of that athlete based on designated historical performance data and determines an athlete score of that athlete based on the simulated performance. The gaming system determines a total team score for each team. The gaming system determines which of the teams has the highest total team score, identifies that team as the winner, and provides one or more awards to the winning team.