Wednesday, March 14, 2018

Blind Item #8 - Athlete Investor - Mr. Hedge

This recently retired former A+ list athlete is off to a very shaky start at his new big venture.  The whole thing is going to be an epic disaster.  He set the whole thing up to be a heads-I-win-big and tails-I-break-even scenario for himself.

As someone who has seen the inner workings of the deal - his investors will see most of their money gone,  within just a few years.  Our athlete has far less of his own financial skin in the game, than what the public has been led to believe.

Athlete / Team:

27 comments:

Tricia13 said...

Peyton Manning?

Moose said...

A-Rod spoke about real estate investing at SXSW yesterday.

Tricia13 said...

Kobe Bryant and Chris Sacca(billionaire investors) have a venture too

Sunspirit said...

Jeter

Brayson87 said...

All of them.

Rosie said...

Beckham and Miami soccer team.

Tim said...

Yeeaaah, Jeets!

Geeljire said...

+1

B Demp said...

Jeter, Miami Marlins. cutting payroll

Geeljire said...

That's where they're going to go!
Derek Jeter's Taco Hole!
https://view.yahoo.com/show/saturday-night-live/clip/50031173/derek-jeter-s-taco-hole

Truthseeker said...

Jeter and the Marlins, which makes me sad.

Lurky McLurkster said...

Definitely Jeter. That team is a disaster

no name said...

I don't think Jeter paid any money for ownership, from what I remember he is receiving a salary from the team, plus other perks.

sandybrook said...

Jeter has a deal based on this team turning a profit. He has very little invested in the team financially but he makes a killing if he's turns things around.

Nawlins Jim said...

100% Jeter and the Marlins

Newbomb said...

Agree with it being Jeter. So overrated.

arturo sandoval said...

Shack O'Neil and the Carnival Cruise lines

pkelly491 said...

Definitely Jeter and the Marlins.

Count Jerkula said...

Jeter. The investors will lose nothing, because the value of the franchise will still go up.

Laineybin/EDN said...

Tom Brady with his TB12 method.

jarid gibbs said...

This 100%....already got rid of Stanton..he was their ticket

Bettyboo said...

Beckham for sure

La-Juice said...

I think this is A-rod, MSNBC is pushing his shark tank for athletes gig- HARD

Adrian Zmed said...

I assumed Kobe and Bryant Stibel venrure fubd but "team" makes one think Jeter and Marlins.

tetsujin said...

Jeter is only part owner (tiny part) of the Marlins (also CEO). I don't think there's a "his investors" type situation there. Also, it's no secret that Jeter doesn't have a majority stake. Becks, otoh, was the impetus behind his MLS team and I suppose you could call his ownership group "investors." MLS gave him the option to buy a team at a discount when he retired, but he would of course need more money. His celebrity in the game would be far more important to any deal than Jeter's, so it would make sense to have him out front as an owner and not front office like Jeter.

I'm going with Becks only because I can't think of anyone else besides Didier Drogba and his USL team, and while one of the GOATs in the EPL, you all don't know who he is.

J F said...

OJ and Hertz Rentacar

ihsahn77 said...

Been a few years since Beckham retired, so it's not him.

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