Wednesday, May 02, 2007

Sports on the business pages

I wrote sometime back about the marriage of sports and business sections. According to an article in Portfolio.com, ProTrade is aiming to launch 'the first real stock market in athletes.' The article makes a good case that trends are pointing the way toward the viability of a financial market "trading in jocks." Truth be told: It really sounds like nothing more than a more sophisticated form of gambling, a practice as old as sports itself.

1 comment:

chrisr said...

There is a market that has been trading Sports Derivatives for sometime. Their name is AllSportsMarket. It is a real exchange with nearly every sport team on the planet trading.

The website is AllSportsMarket.com and a 10 minute U.C.L.A produced video can be seen at www.gsfeblog.com