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Wanna buy shares in a minor league baseball player?

 
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shoewizard
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Joined: 10 Aug 2006
Posts: 16313
Location: In front of my computer

PostPosted: Wed Jan 23, 2008 12:22 am    Post subject: Wanna buy shares in a minor league baseball player? Reply with quote

Now you can.

Real Sports Investments offers the ultimate challenge for those who think they can pick a winner from the minor leagues. Here is a chance to put our money where our mouths are.......although in Levski's case that would be some dirty money........ Razz

This same system is done with Golfers and Poker Players....it's not a new idea, but first time I've seen it in baseball.

link fixed by Matt
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matt
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Joined: 10 Aug 2006
Posts: 7391

PostPosted: Sat Jan 26, 2008 7:06 am    Post subject: Reply with quote

The guy is selling 4% of this future earnings for $50,000. Sounds like a good move on his part. He's already 25 and has never played above AA. Chances are he will make less than $1.25M as a major leaguer.
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qudjy1
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PostPosted: Sat Jan 26, 2008 7:16 am    Post subject: Reply with quote

Interesting. WHo can i chose from? I choose parker.
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matt
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PostPosted: Sat Jan 26, 2008 8:03 am    Post subject: Reply with quote

Sorry, there is only one player listed:

Name:Randy Newsom
Organization: Cleveland Indians
Age: 25
Height: 6' 2"
Weight: 200
Position: Relief Pitcher
Style: Submarine Pitcher
Throws: Right Handed
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shoewizard
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PostPosted: Sat Jan 26, 2008 8:23 am    Post subject: Reply with quote

.

sorry


Last edited by shoewizard on Sat Jan 26, 2008 8:24 am; edited 1 time in total
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shoewizard
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PostPosted: Sat Jan 26, 2008 8:24 am    Post subject: Reply with quote

They just started this company. I plan to check back every few weeks to see if they get any more players to sign on.

I'm especially anxious to see if I can buy shares in frank Curreri.

Wink
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qudjy1
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PostPosted: Sat Jan 26, 2008 8:49 am    Post subject: Reply with quote

Laughing
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Adam
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Joined: 07 Nov 2007
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PostPosted: Sat Feb 02, 2008 5:47 pm    Post subject: Reply with quote

I saw this on Nytimes
Quote:
Through Thursday, Newsom had sold about 1,800 shares of himself at $20 apiece. Each share afforded the bearer .002 percent of his career pay


But from his site it looks like they shut him down:

Quote:
Shares of Rany Newsom are no longer available:

In order to create a system that will allow players and fans the best experience possible we believe it is in everybody’s best interest to work with Major League Baseball. We have been in contact with them and in the coming months we will be working with Major League Baseball to make sure that RSI addresses all the needs of the larger baseball community especially fans and players.

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