Reifi

Reimagining sports finance. Reifi mitigates financial risk inherent to pro athlete contracts. With Reifi, teams and players can protect themselves from the financial risks of player underperformance, regardless of the source of that underperformance. With both products, customers pay a premium to institutional investors at the beginning of the season to “insure” a player, and investors reimburse that team at the end of the season if the player does not meet a predetermined performance benchmark. With our team product, teams can sign franchise-altering players that can drive more wins, clinch playoff berths, and get fans into the seats, while also rebound financially if things don't go according to plan. With our player product, players can protect themselves from anything that could cause underperformance which could lead to smaller, future contracts. As a result, players can ensure their ability to generate future wealth by "insuring" themselves from hits to potential earnings caused by unexpected injuries or underperformance. At launch, our underlying securities are backed by a leading institutional investor, but in the longer term, we plan to open our investments up to general public. That way, fans can invest in their favorite athletes as easily as buying stock on Robinhood or E*Trade - and earn a return when those players perform.