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Professional athletes buy Iowa farm

Professional athletes buy Iowa farm
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Professional athletes buy Iowa farm
A group of professional athletes is buying a farm in Iowa. New York-based Patricof Co. is facilitating the purchase. A spokesperson for the company confirmed details of the deal, first reported by Front Office Sports. He told KCCI the group of two dozen athletes includes Joe Burrow of the Cincinnati Bengals, Blake Griffin of the Boston Celtics, and Kevin Gausman of the Toronto Blue Jays.The farm, according to the spokesperson, is located in northern Iowa. He declined to provide any more detail on the location but said the 104-acre piece of land will be used to grow corn and soybeans.The spokesperson declined to disclose how much the athletes spent on the Iowa farmland, but said it is part of a $5 million investment in farm purchases.While the athletes will own the farms, don't expect to see them out in the fields during fall harvest. The spokesperson said the athletes will lease the land to farmers for profit. He said this group could also purchase more Iowa farmland in the future.Above video — Joe Burrow, Blake Griffin, other athletes begin investing in farmland

A group of professional athletes is buying a farm in Iowa.

New York-based Patricof Co. is facilitating the purchase. A spokesperson for the company confirmed details of the deal, first reported by Front Office Sports. He told KCCI the group of two dozen athletes includes Joe Burrow of the Cincinnati Bengals, Blake Griffin of the Boston Celtics, and Kevin Gausman of the Toronto Blue Jays.

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The farm, according to the spokesperson, is located in northern Iowa. He declined to provide any more detail on the location but said the 104-acre piece of land will be used to grow corn and soybeans.

The spokesperson declined to disclose how much the athletes spent on the Iowa farmland, but said it is part of a $5 million investment in farm purchases.

While the athletes will own the farms, don't expect to see them out in the fields during fall harvest. The spokesperson said the athletes will lease the land to farmers for profit. He said this group could also purchase more Iowa farmland in the future.

Above video — Joe Burrow, Blake Griffin, other athletes begin investing in farmland