Thursday, 17 October 2013

Wall Street Oasis - Investment Banking & Finance Community: Buy Equity in a Professional Athlete

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Buy Equity in a Professional Athlete
Oct 18th 2013, 02:20, by Marcus_Halberstram

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http://dealbook.nytimes.com/2013/10/17/want-a-piec...

Imagine having acquired a financial interest in LeBron James, Peyton Manning or Roger Federer early in their careers.

Fantex Holdings will announce the opening of a marketplace for investors to buy and sell interests in professional athletes.

Buying shares in the deal will give investors an interest in a stock linked to Mr. Foster's future economic success, which includes the value of his playing contracts, endorsements and appearance fees.

Wow. This is ridiculous.

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