- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Now you can literally invest in an athlete like Arian Foster.
Posted on 10/17/13 at 4:53 pm
Posted on 10/17/13 at 4:53 pm
quote:
According to the New York Times, Fantex Holdings is going to start offering stocks in athletes, and the value and performance will be tied to their economic success, including contracts, endorsements and appearance fees. When they make money, investors make their cut.
quote:
Houston Texans running back Arian Foster will be the first athlete offered through Fantex. There will be an initial public offering for a minority stake in Foster. There will be $10.5 million of stock in Foster's brand available, and the minimum investment is $50.
quote:
If this all sounds a little strange, just know that the Times said Foster will make $10 million off of this deal.
LINK
This post was edited on 10/17/13 at 4:57 pm
9
Posted on 10/17/13 at 4:55 pm to LakeViewLSU
Holy shite, that's awesome for foster.
Posted on 10/17/13 at 4:55 pm to LakeViewLSU
SOunds like something that is a terrible idea, but will blow up and make you some $ if you get in on it now. IMO
Posted on 10/17/13 at 4:55 pm to LakeViewLSU
Can I short sell him?
Posted on 10/17/13 at 4:55 pm to LakeViewLSU
not quite sure on how an investor can actually profit from this...
seems like a more like a money scam IMO.
seems like a more like a money scam IMO.
Posted on 10/17/13 at 4:56 pm to Draconian Sanctions
quote::Flutie:
Can I short sell him?
Posted on 10/17/13 at 4:57 pm to LakeViewLSU
I'll wait on the mark ingram IPO
Posted on 10/17/13 at 4:58 pm to LakeViewLSU
Arian Foster is a shite athlete to do this with. Dude is a worse Priest Holmes
This post was edited on 10/17/13 at 4:58 pm
Posted on 10/17/13 at 4:58 pm to BilJ
yup, buy low then sell when he blows up next year 
Posted on 10/17/13 at 4:58 pm to Dr RC
quote:
seems like a more like a money scam IMO.
most definitely
Posted on 10/17/13 at 4:59 pm to BilJ
Posted on 10/17/13 at 4:59 pm to Dr RC
quote:
not quite sure on how an investor can actually profit from this...
seems more like a money scam IMO.
This post was edited on 10/17/13 at 5:01 pm
Posted on 10/17/13 at 5:00 pm to LakeViewLSU
That's how pretty much every professional golfer gets to the PGA Tour.
Posted on 10/17/13 at 5:00 pm to Dr RC
quote:
not quite sure on how an investor can actually profit from this...
seems like a more like a money scam IMO.
I'm pretty sure that this company has a 20% stake in all of Foster's future earnings. So,hypothetically, that money gets funneled to the investors.
Posted on 10/17/13 at 5:04 pm to DumpsterFire
quote:
I'm pretty sure that this company has a 20% stake in all of Foster's future earnings. So,hypothetically, that money gets funneled to the investors.
I wouldnt be investing in a RB then. And i wouldnt be investing in a player who had recently signed a contract.
Posted on 10/17/13 at 5:05 pm to DumpsterFire
quote:
I'm pretty sure that this company has a 20% stake in all of Foster's future earnings. So,hypothetically, that money gets funneled to the investors.
Call me when LeBron gets offered.
So presumably Foster has to get a future contract at RB, the company takes out their 10 million dollar expense and then the sky's the limit for those lucky investors!
Posted on 10/17/13 at 5:05 pm to threeputt
quote:
That's how pretty much every professional golfer gets to the PGA Tour.
Explain
Posted on 10/17/13 at 7:08 pm to CourtesyFlush
Most young mini tour players go out and find investors to invest in them. This round(s) of funding allow the player to cover the expenses it takes to play during a giving time frame. in return those investors share future earnings of the player. In many cases the player pays himself a salary from the round of funding and does not take any earnings as those go back to said investors. Many even sell "shares" of themselves and if all goes well the investors get distributions at the end of the year.
Posted on 10/17/13 at 7:22 pm to threeputt
$10M for a 20% share is a $50M+ valuation for his future earnings, which sounds about right. It will be interesting to see what the time horizon is; if he's like Terry Bradshaw doing NutriSystem commercials at age 65, is he still going to be paying out to his shareholders? What if he starts a Papa Johns franchise like Peyton Manning?
This post was edited on 10/17/13 at 7:23 pm
Posted on 10/17/13 at 7:55 pm to LakeViewLSU
Is this going to be approved by the SEC?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News