“Rubio bonds”

I proposed a while back that Minnesota’s fans just start sending Rubio money, but this is a better idea:

One thing that strikes me is that this seems like a scenario in which we could use some financial innovation. I would say that loaning Rubio $6.1 million to complete the buyout and let him come to the NBA is an investment that’s likely to pay off. He could raise the money by selling “Rubio bonds” that pay out a fixed percentage of his NBA earnings over the next ten years. If he turns into a star, you’ll win big. If he turns into a bust, you’ll lose a lot of your investment. I’d buy one. And actually buyouts aside this seems like a device that could be popular for a lot of young players. Promising rookies could sell bonds bring future income into the present and also to hinge against the possibility (*cough* Greg Oden *cough*) that injuries will prevent them from living up to their hype.

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One Response to ““Rubio bonds””

  1. matt Says:

    maybe AIG could insure them

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