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A new way to raise capital?

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Yankees338

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Jul 24, 2007
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http://www.fannation.com/articles/show/1511819

A potential major league baseball player selling shares of his potential future income. This might work for some sharp people with talent, skills, and ideas but no money.
Wow, that's amazing. Brilliant idea in my opinion. If they can sign on some of the blue-chip prospects, they could certainly be onto something here. I'm kinda surprised that Major League Baseball officials haven't seen a problem with this, though.

Great idea. Great find. Thanks tb...rep+++
 

tbsells

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Jul 27, 2007
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Yanks,
You are the guy I thought of when making the post. A sharp young guy with a bright future. Who says it has to be a ballplayer. This might be the way you raise your first million in start up capital.

P.S. I'm also suprised MLB hasn't stopped it. The article says it complies with SEC reg's. I thought that was a little suprising also.
 
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MJ DeMarco

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bigmako

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I love the concept!

One has to ask though...

Is 25 years old "old" to be trying to get in the MLB?

Not sure as I am a football fan mostly!

Great concept though!
 

Yankees338

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Jul 24, 2007
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Yanks,
You are the guy I thought of when making the post. A sharp young guy with a bright future. Who says it has to be a ballplayer. This might be the way you raise your first million in start up capital.

P.S. I'm also suprised MLB hasn't stopped it. The article says it complies with SEC reg's. I thought that was a little suprising also.
The main reason that I'm shocked to hear that it hasn't been stopped is because it seems kinda similar to gambling, which as we know, MLB and most other professional sports try very hard to stay away from. IMO, that's what's kept an major sports teams from locating in Vegas.

And that does sound like a pretty cool idea, but I'd probably want to get my feet wet in something else first.
I love the concept!

One has to ask though...

Is 25 years old "old" to be trying to get in the MLB?

Not sure as I am a football fan mostly!

Great concept though!
Baseball players generally lose "prospect" status around 25 or 26, but some guys, especially relief pitchers as the player in the article is, are late-bloomers. He is in Double-A right now I believe. He could be in the Majors by the middle of this season if he performs well. Relievers usually come and go, so he'll most likely get a shot pretty shortly somewhere.


And MJ...that'd be a pretty cool idea.
 

Jorge

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Oct 5, 2007
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I haven't read the article yet, but I think its the same approach that this guys are using:

http://www.springwise.com/entertainment/bands_funded_by_their_fans_upd_1/

Last week, SellaBand celebrated their first anniversary with a 'SellaBration' in Amsterdam's pop temple, Paradiso. Our description of the concept when they launched: aiming to empower independent artists, SellaBand has created a platform that enables fans to sponsor bands, and get a piece of the action in return. How it works: fans, dubbed Believers, find an artist they like on SellaBand.com. For USD 10, they can buy a share, or 'Part'. Once the band has sold 5,000 parts, SellaBand arranges a professional recording, including top studios, A&R managers and producers. Believers receive a limited edition cd of the recording.

So—what happened over the past year? Fans have invested over USD 1,000,000 in the bands they believe in. The first band to raise USD 50,000 was Nemesea, which did so in 83 days. Six other bands have also raised 50K. Three of them—Nemesea, Cubworld and Second Person—have produced and launched their first album, and the other four are hard at work in the recording studio. In total, 4,806 artists signed up to SellaBand.
I don't remember if this was already posted too:

http://www.springwise.com/lifestyle_leisure/crowdbuying_a_soccer_team/

I think its a really cool idea!
 

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