Fantex To Offer Texans’ Foster Stock

Source: Darren Rovell |

Texans_Arian_Foster_2013For years, private investors have quietly backed up-and-coming boxers, tennis players, horses and golfers, but now the general public is getting a chance to really own a piece of an athlete.

On Thursday, a company called Fantex Brokerage Services announced its intention to allow fans to invest in stock related to the performance of an athlete’s brand.

The company said its first initial public offering will be for Houston Texans running back Arian Foster. Fantex is paying Foster $10 million for a 20 percent stake in his future income, including contracts, endorsements and other related business revenue.