TEAM STOCKS
Every NBA and NFL team trades as its own stock. A team stock is valued on how the team plays, not on its players: we rate each final score, adjusted for home court and the strength of the opponent, starting from ESPN's preseason projection. Trading moves the price, the same as a player's, and over time it tends to settle near what the team's results are worth. An average team sits near $100, and a dominant one well above it.
Buy a team you think will keep winning, or short one you think is overachieving. Team stocks trade with the same fee and limits as players and pause while the team plays.