08-16-2022, 10:07 AM
(08-15-2022, 08:38 PM)BostonCard Wrote: There’s a Planet Money of minor leaguers pooling their earnings if they make it to the majors…
https://www.npr.org/transcripts/773493342
That seems healthier. The way things are going, though, “investors” will start investing in collegiate athletes.
BC
Interesting concept for younger players. I seem to recall that Vernon Davis tried to do that when he was midway through his pro football career. I think he had seven seasons left after he tried to sell shares in his brand, making just over $27 million after 2013. The deal was he'd exchange 10% of his brand for $4 million, so assuming negligible non-NFL compensation, investors would have lost money on the deal.
Vernon Davis is selling stock in himself - Niners Nation
Audaces fortuna iuvat
