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This is nuts: http://www.businessweek.com/articles/20 ... blic#r=rss

Sandman62 wrote:This is nuts: http://www.businessweek.com/articles/20 ... blic#r=rss

Unfortunately I bet they don't get the listing done, but if they do I'd short him at a $10m value. To lose he'd need new deals totaling $50M.

There was another website awhile back where you could "buy and sell" shares of different athletes. It went under right about the time I found out about it, always liked the idea though. If they get some young players, they'll get some of my money I'm sure. Anything with sports I am in on lol

This week's sign of the apocalypse.

Why would anyone fork over money so that an athlete can get a huge lump sum up front, and HOPE to recover some of that money in the form of future earnings? It's a great deal for Foster --- he gains if he makes less than $50,000,000 in future earnings --- an almost certainty.

There ought to be an annual dividend payout here too. Something like 15% ???

And if Foster gains, who loses? Yep, the poor slob who paid the money for the "stock".

This idea will NEVER make it, long term.