Blind Item #8 - Athlete Investor - Mr. Hedge
This recently retired former A+ list athlete is off to a very shaky start at his new big venture. The whole thing is going to be an epic disaster. He set the whole thing up to be a heads-I-win-big and tails-I-break-even scenario for himself.
As someone who has seen the inner workings of the deal - his investors will see most of their money gone, within just a few years. Our athlete has far less of his own financial skin in the game, than what the public has been led to believe.
Athlete / Team:
As someone who has seen the inner workings of the deal - his investors will see most of their money gone, within just a few years. Our athlete has far less of his own financial skin in the game, than what the public has been led to believe.
Athlete / Team:
Peyton Manning?
ReplyDeleteKobe Bryant and Chris Sacca(billionaire investors) have a venture too
DeleteA-Rod spoke about real estate investing at SXSW yesterday.
ReplyDeleteJeter
ReplyDeleteAll of them.
ReplyDeleteBeckham and Miami soccer team.
ReplyDeleteYeeaaah, Jeets!
ReplyDeleteJeter, Miami Marlins. cutting payroll
ReplyDeleteThat's where they're going to go!
ReplyDeleteDerek Jeter's Taco Hole!
https://view.yahoo.com/show/saturday-night-live/clip/50031173/derek-jeter-s-taco-hole
Jeter and the Marlins, which makes me sad.
ReplyDeleteThis 100%....already got rid of Stanton..he was their ticket
DeleteDefinitely Jeter. That team is a disaster
ReplyDeleteI don't think Jeter paid any money for ownership, from what I remember he is receiving a salary from the team, plus other perks.
ReplyDeleteJeter has a deal based on this team turning a profit. He has very little invested in the team financially but he makes a killing if he's turns things around.
ReplyDelete100% Jeter and the Marlins
ReplyDeleteAgree with it being Jeter. So overrated.
ReplyDeleteShack O'Neil and the Carnival Cruise lines
ReplyDeleteDefinitely Jeter and the Marlins.
ReplyDeleteOJ and Hertz Rentacar
DeleteJeter. The investors will lose nothing, because the value of the franchise will still go up.
ReplyDeleteTom Brady with his TB12 method.
ReplyDeleteBeckham for sure
ReplyDeleteI think this is A-rod, MSNBC is pushing his shark tank for athletes gig- HARD
ReplyDeleteI assumed Kobe and Bryant Stibel venrure fubd but "team" makes one think Jeter and Marlins.
ReplyDeleteJeter is only part owner (tiny part) of the Marlins (also CEO). I don't think there's a "his investors" type situation there. Also, it's no secret that Jeter doesn't have a majority stake. Becks, otoh, was the impetus behind his MLS team and I suppose you could call his ownership group "investors." MLS gave him the option to buy a team at a discount when he retired, but he would of course need more money. His celebrity in the game would be far more important to any deal than Jeter's, so it would make sense to have him out front as an owner and not front office like Jeter.
ReplyDeleteI'm going with Becks only because I can't think of anyone else besides Didier Drogba and his USL team, and while one of the GOATs in the EPL, you all don't know who he is.
Been a few years since Beckham retired, so it's not him.
ReplyDelete