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Braves Fans Can Put Their Money on the Team

Atlanta Braves fans can now bet on the future of their team, and not just by buying tickets.

On Thursday, Liberty Media, which owns the team, said it would split its stock into three tracking stocks, including one specifically for the Braves.

Buyers of the shares would not directly own a piece of the Braves, but they would receive some of the profits spun off by the team in the form of dividends. If the value of the team increases, because of its performance, its new stadium or its media rights, investors might see their shares rise in value as well.