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 public image. Would you ever invest stocks in a professional athlete? Knowing the risks involved and the potential for career ending injuries, it is not something that I would personally invest in. It is however, an interesting concept. Foster is 27 years old and for a football player, that is not someone who is young and upcoming rather it is someone who has matured and are at the peak of their performance. If I were to invest in any professional athlete, I would take a gamble on someone who is a high draft pick and has shown upsides in their first couple of years playing.

http://www.bloomberg.com/news/2013-10-29/want-to-buy-stock-in-an-nfl-running-back-.html


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