Thursday, October 9, 2008
If you're on the sidelines financially, uncertain which way to turn, there's a new way to keep yourself warmed-up while you wait to get back into the game.
"Today OneSeason.com is introducing a day-trading site for sports fans – a Web stock market which allows people to invest real money to own “shares” of their favorite sports players, teams and leagues. The word “shares” is in quotes because the shares on OneSeason are, ultimately, meaningless— only illusory slices of players like Eli Manning or Lebron James, which either rise or fall depending on the demand for those shares among other traders. People can transfer up to $2500 a year to their OneSeason accounts."
Fantasy Sports on steroids.