Freedom Line Blog

According to CNN, capitalism, the original inventor of fantasy sports, steel, smiles, ice cream, and prosperity has reinvented itself in the shadowy realm of fantasy football.

For those who follow the pigskin, you’ll remember that the quarterback for the New England Patriots (Tom … something) tore several ligaments in his knee last year.  Fantasy owners who drafted him were left with a huge loss in point production, and had to settle with an inferior quarterback, likely one from New York or Philly.

In response to this suffering, some intrepid entrepreneurs decided to essentially offer insurance for the fantasy sports market.  Fantasy “players” can now buy insurance for players, in the event they are lost to injury.  As a result of such genius innovations in the market, fantasy sports are now an $800 million industry.  Regrettably, the number of relationships and marriages that fantasy sports has destroyed is incalculable at this moment, but I wouldn’t put it past the market to give everyone an estimate.

Of course, fantasy football was already a nice product of capitalism before people started making money off of it.  For millions of over-enthusiastic beer-drinking football junkies across the nation, fantasy sports provide plenty of psychic income.  Thankfully, the IRS has not yet begun to tax this potential revenue stream.