Shortly after the launch of Connecticut Sports Law last March, I covered the concept of minor league baseball players selling shares in their future earnings. I called it “the ultimate in fantasy sports.” (Click here to read “Can I Invest in a Rockcat? The Ultimate in Fantasy Sports”).
Our Baseball Haven (OBH), a venture based in New Haven, Connecticut, takes the fantasy sports model to the extreme. Based on a business model that originated with an English minor league soccer club (Ebbsfleet United), OBH seeks to bring a baseball team to New Haven that is owned and controlled by the masses. For $100, one can become an owner and vote on everything from concessions, lineups, transactions and the team name and uniforms. Voting will be conducted through the internet and an interactive social media site.
For more on this novel idea of team ownership, check out the Our Baseball Haven introductory video below, as well as the OBH website and blog. Also, see Rick Hancock’s feature on OBH.
