Joe Burrow Blake Griffin other top MLB NHL players purchase corn and soy farm in Iowa

Joe Burrow Blake Griffin other top MLB NHL players purchase corn and soy farm in Iowa

Blog Article

Athletes from all the major American sports are getting into the farming busine s. quarterback , forward , forward , pitcher , and 20 other athletes have purchased a 104-acre Iowa farm for around $5 million, . The farm produces corn and soy, and the famous investors will lease the land to farmers while asking for a single-digit annual returnPatricof Co Dennis Smith Jersey . arranged the group, which also included , , , and , that bought the farm. Mark Patricof, the founder of the company, told Front Office Sports that the market was right for the athletes to invest in farming. "We did three investments last John Elway Jersey year after doing six the year before," said Patricof. "The market changed. The world changed. Prices didn't nece sarily go down, but valuations should have, so we held back. It was the right time in the cycle to put money into this a set cla s."The purchase of this Iowa farm will not be the last one for this group of athletes. Four more farm purchases are on the horizon, and a watermelon farm in Oregon might be next on the list, per the report. Nowadays, it is not uncommon to Champ Bailey Jersey see athletes look for non-traditional investments. For instance, , , and .
https://gregoryarhu75319.activoblog.com/29374100/japan-2-scotland-0
Click here Click here