stillers4me
09-24-2015, 05:38 AM
Most Steelers fans won't ever get the chance to invest in their favorite team, but they may have the opportunity to buy a piece of one the franchise's rising stars.
Ryan Shazier, a linebacker who was the Steelers' first-round draft pick in 2014 and led the team in tackles Sunday, became the latest professional athlete — and the first in Pittsburgh — to agree to sell a stake in his future earnings to investors.
Shazier, 23, signed an agreement with a San Francisco start-up company in which the player will pocket $3.1 million in exchange for investors getting 10 percent of his future earnings, including football salary and endorsement deals. The company, Fantex Inc., said Shazier is the ninth NFL player to agree to such an arrangement............
Read more: http://triblive.com/business/headlines/9143379-74/shazier-fantex-earnings#ixzz3meRK7EXq
Ryan Shazier, a linebacker who was the Steelers' first-round draft pick in 2014 and led the team in tackles Sunday, became the latest professional athlete — and the first in Pittsburgh — to agree to sell a stake in his future earnings to investors.
Shazier, 23, signed an agreement with a San Francisco start-up company in which the player will pocket $3.1 million in exchange for investors getting 10 percent of his future earnings, including football salary and endorsement deals. The company, Fantex Inc., said Shazier is the ninth NFL player to agree to such an arrangement............
Read more: http://triblive.com/business/headlines/9143379-74/shazier-fantex-earnings#ixzz3meRK7EXq