Friday, February 01, 2008

Minor-leaguer takes stock off block

Here's another story on the minor-league pitcher who decided to sell stock in himself (see Sunday's blog entry), but this is from the New York Times.

Unfortunately, Major League Baseball, the players' union and the Securities and Exchange Commission weren't real enamored with the idea. Randy Newsom will refund the $36,000 he's already raised, but wants to develop a plan the big guys will approve.

I liked it because of the quirkiness. Fans may talk about investing their emotions into a team. Well, how 'bout investing your money into a player?

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