Minor Leaguer wants to go public on the stock market

[TestSubjekt]

Buying Low: Minor Leaguer Takes Stock of Himself

Randy Newsom, a reliever last season for the Cleveland Indians' Class A and AA affiliates, set up a Web site through which fans and other outsiders could purchase a piece of his future major league earnings.

Through Thursday, Newsom had sold about 1,800 shares of himself at $20 apiece. Each share afforded the bearer .002 percent of his career pay, uniting his goals with investors who hope he makes it big.

Dozens of minor leaguers had expressed interest in also going public through Newsom's new company, Real Sports Investments, he said. Unfortunately for Newsom, however, his plan did not exactly thrill M.L.B., the players union or the Securities and Exchange Commission.

Interesting idea. I guess it's similar to David Bowie selling his royalties on the stock market.

I'm sure baseball won't go for it because of the money exchanging hands between the public and the players. There might be a way for organized crime to profit and take away from the integrity of the game.

[Andersklasen]

Wow. What do minor leaguers do all day to have the time to come up with clever things like this?

Incredible...