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A new way to raise capital?

Discussion in 'General Entrepreneur Discussion' started by tbsells, Jan 28, 2008.

  1. tbsells
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    tbsells Contributor

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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.
     
    Last edited: Jan 28, 2008
    Yankees338 likes this.
  2. Yankees338
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    Yankees338 Bronze Contributor

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    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+++
     
  3. tbsells
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    tbsells Contributor

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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.
     
    Last edited: Jan 28, 2008
  4. MJ DeMarco
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    I was thinking of doing the same for young entrepreneurs. Some guys right here in our forum would be great investments. :smxB:
     
  5. bigmako
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    bigmako New Contributor

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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!
     
  6. Yankees338
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    Yankees338 Bronze Contributor

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    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.
    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.
     
  7. Jorge
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    Jorge Bronze Contributor

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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/

    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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