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Where do billionaires put their money?

That’s 10-digits’ worth of money to invest, probably more than you ever dreamed you would have. You might as well have fun with it, right?

#-ad_banner-#For many of the billionaires in Forbes’ annual list of the richest people in the world, their idea of fun — or prestige, at least — is owning a professional sports team. According to ESPN, billionaires in North America own 20 NBA teams, 19 NFL franchises, 10 NHL organizations and eight MLB teams.

Microsoft billionaires Steve Ballmer (Los Angeles Clippers) and Paul Allen (Seattle Seahawks and Portland Trail Blazers) are on the list, as is real estate mogul Stephen Ross (Miami Dolphins). Of course, don’t forget the flamboyant Mark Cuban (Dallas Mavericks).

But unless you’re able to put down at least a few million for a team, your options are limited. Main Street investors can buy shares of Madison Square Garden Co. (NYSE: MSG), owner of the New York Knicks (NBA) and the New York Rangers (NHL). The stock has done well, with a 42% annualized gain over the last five years, but each share at $169.68 buys you just 0.000004% of the company… hardly enough to get you on center-court.

But that is all about to change. There’s a new professional league coming to town, and with it your chance to own a team with players straight out of the NBA.

You can’t buy shares in the stock market. This is still a private company.

But you can get a piece of the action as a pre-IPO investor.

This Investment Could Make You A Baller
The Champions Basketball League begins its first regular season in July in 16 major cities including Chicago, Miami, Dallas and Los Angeles. An average ticket price of nearly $100 for NBA games drove the league’s creation as a way to bring professional basketball back to the fans with ticket prices that start at less than $15 each.

The Gotham Ballers is in the league’s biggest market, New York City, and it’s giving ordinary investors like you and me the chance to get in on the action.

According to Forbes, the average NBA team has increased in value 10-fold over the past 20 years.

All players in the new Champions Basketball League have been recruited straight out of the NBA for games that will be exciting and affordable to millions of fans. The league has secured an ESPN broadcast deal and has already gotten strong reviews for exhibition games.

Early investors in the Gotham Ballers include an impressive list of venture capital and sports franchise investors. The equity crowdfunding campaign gets you in at $7.00 per share with a $140 minimum investment. The campaign launched on the StartEngine platform and has already raised $34,000 from 107 investors.

Besides the investment upside, investor perks include premium seats, jerseys and the opportunity to meet the team.

As with all investments, I encourage you to do your own due diligence. I haven’t yet done the detailed market and valuation analysis on the Gotham Ballers that I do for the companies featured in Pre-IPO Millionaire but the team could be a real fan-favorite and a great opportunity for investors. For more information on Pre-IPO Millionaire, click here.