Chicago Bear Alshon Jeffery, a 24-year old wide receiver who has been called one of the best wide receivers in the National Football League, is looking to cash out. The athlete is part of a growing list who have turned to Fantex, a San Francisco-based start up, that allows athletes to sell their future earnings to investors. Jeffery plans to sell a 13 percent stake in his future earnings, raising an estimated $7.94 million. Investors are then expected to receive a share of the player’s income from playing contracts, endorsements and other activities related to their sport. The lion’s share…
Chicago Bears Wide Receiver Selling IPO In His Revenue
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.