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IPO to give investors a stake in NFL running back[ a new twist]

Discussion in 'The Attic' started by rockycatt, Oct 18, 2013.

    Oct 18, 2013
  1. rockycatt

    rockycatt meistercatt CAG MM

    Occupation:
    carpenter
    Location:
    Boston
    You must register/login in order to see the link.


    FRANCISCO (AP) — Here's a new twist on fantasy sports: a San Francisco startup is offering a chance to bet on the moneymaking potential of star athletes.
    The unusual investment opportunity kicked off Thursday with an IPO filing proposing to sell stock for a stake in the future income of the Houston Texans' Arian Foster, a top running back in the National Football League.
    The initial public offering hinges on a deal requiring Fantex Holdings Inc. to pay Foster $10 million in return for a 20 percent share of his remaining contract with the Texans, his endorsement income and any other future money tied to his football career. Those earnings could include potential broadcasting jobs that Foster gets after his playing career is over. It doesn't include money Foster would make if he pursues a career unrelated to football
     
  2. Oct 22, 2013
  3. hugh.r.walker75

    hugh.r.walker75 Dormant account

    Occupation:
    Loan Advisor, Blogging
    Location:
    Manchester, UK
    It seems Foster fixed his life :)
     

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