Investing stock on a professional athlete?
Unlike traditional stock investments, I came across an interesting article regarding investing in a professional athlete. Arian Foster, running back for the Houston Texans has an IPO on himself and surprisingly, a company called Fantax has already bought 20% shares for $10 million. You might wonder how you make money from investing in athletes. When a shareholder buys a stock on Foster, they own a piece of Foster’s lifetime football related earnings. Those earnings depend heavily on Foster’s performances and […]