Story | Nov 25, 2013 | 11:40 AM
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Story | Nov 12, 2013 | 8:55 AM“Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
Story | Mar 8, 2014
Concealed carry This is in response to "Careful; Maybe he's carrying a concealed gun" (Perspective, Feb. 27), by Gary Rogaliner, a commercial airline captain. Rogaliner described his efforts to be licensed to carry a concealed gun pursuant to an...
Story | Mar 7, 2014 | 5:55 PM
Story | Mar 7, 2014 | 3:40 PM
The Sports Xchange NBA roundup: Knicks asked Jackson to coach team New York Knicks president and general manager Steve Mills met with Phil Jackson two weeks ago to discuss coaching the team next season, according to ESPN. Citing sources, ESPN's Stephen...