YOU CAN INVEST IN A PITCHER’S EARNINGS.

YOU CAN INVEST IN A PITCHER’S EARNINGS. Alex Taborrak, at the Marginal Revolution site, reports on an investment opportunity: “Randy Newsom, relief pitcher for the Cleveland Indians, is selling 4% of his future major league salary. There are 2,500 shares in the IPO so each share gets you a claim to 0.0016% of his future salary including bonuses. Shares sell for $20 each.” There are over 30 comments, with one of them suggesting that this could be a good way to finance a law school education.

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One Response to YOU CAN INVEST IN A PITCHER’S EARNINGS.

  1. Pingback: Pater Familias » AN ECONOMIC ANALYSIS OF INVESTING IN A PITCHER’S EARNINGS.

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