Monday, October 12, 2020

Designing a public auction

Investors can buy shares in the Atlanta Braves or Manchester United. Soon they will be able to do the same with the New York Knicks and New York Rangers, after Madison Square Garden (ticker: MSG) splits off its entertainment businesses from its sports operations, which it may do sometime this year. Liberty Braves Group (BATRK) is a holding of John Malone’s Liberty Media, which owns the Braves and their ballpark.Manchester United’s (MANU) chief subsidiary is Manchester United, a mainstay of English soccer and among the most popular sports brands in the world.

Makes a lot of sense. Combine Madden football with shares in teams. Many of the players play Madden or know the game well. Madden foot ball regularly updates team capability to be matched.  Why not add the public auction of teams shares to the mix. The entire sports system gets integrated, fan, coach, players and management. ll sort of bound to the Madden game with public team auctions on the side. The game can run as a monte carlo, predicting the fortunes of an upcoming game.  Fans bet on shares going into the game.  Pit bosses report the gains or losses in share value up to each game.

No comments: