Thursday, November 14, 2013

Own Your Favorite Players


Recently a new company called 'Fantex' started a unique business platform in which many people would have never seen coming. Fantex is a brokerage service where you can buy and sell shares of your favorite sports players. Based on how well the player and their team are doing the cost of the shares my rise or fall accordingly. Currently Fantex only has two players that have agreed to become part of of this new stock exchange; Arian Foster and Vernon Davis. Unfortunately for Fantex Arian Foster is expected to be having a season ending surgery on his back and Vernon Davis suffered a concussion in this weekends game.

Fantasy Football leagues have become exceedingly popular in the past few years. It seems as if anything that people can have the thrill of putting their money on the line while cheering on their favorite teams is a good idea. Fantex could just be the next step to something like Fantasy Football, just a source of gambling and fun. Contrary to this though Fantex seems to look at their selves less as a game and more as a possible business venture and I also would argue towards this. Fantex says on the homepage of their website "the dollars, accounts, trades, risks and rewards here are all very real." The website can be found here. Fantex makes it very clear that it is not just a game and that everything that happens is real. For Americans simply cheering for a team just does not seem to be enough, it does not have the thrill you get from gambling. Do Americans no longer appreciate sports for what they really are? Do they need an added aspect to enjoy sports? Or is Fantex just a business venture for its users? Does Fantex seem like something you would want to use? Please share your feelings on the topic.


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