FutureSports to Launch MLB Team Performance Indexes in Partnership with CME Group
FutureSports has entered into an agreement with Major League Baseball (MLB) to create the first broad-based indexes measuring team performance across all 30 MLB clubs. These new CME FutureSports Performance Indexes (FSPI) will be based on official league data and are intended for use in cash-settled futures contracts listed by CME Group, pending regulatory approval. The FSPI benchmarks aim to provide investors with hedging tools and investment opportunities tied directly to team performance. The indexes follow a rules-based methodology designed to ensure transparency and objectivity. FutureSports will maintain full governance over the index calculations while collaborating with MLB on integrity matters related to futures contracts. This initiative builds upon similar efforts in hockey, where CME Group plans to launch FSPI-based futures for NHL teams later this month. FutureSports has been developing its proprietary indexing methodology since 2022 and is based in Chicago. The company aims to bring the same benchmarking functionality seen in traditional financial markets into sports performance data.
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Topics: CME Group futures contracts FutureSports index creation MLB