Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Streetwise

Streetwise gives you news and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Reasons to be leery of fantasy football-like IPO Add to ...

Subscribers Only

Don’t believe the hype. There are some glaring red flags in a new company’s proposal to sell stock in professional sports players.

Last week, Fantex Inc. filed the legal documents necessary to take fantasy sports to a new level by allowing people to invest in athletes. Their proposal aims to raise $10-million (U.S.) by getting people to invest in Arian Foster, the star running back for the Houston Texans of the National Football League.

Report Typo/Error

Follow on Twitter: @timkiladze

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular