A stock certificate for the Atlanta Braves is a legal document that represents ownership of shares in the professional baseball team. It certifies an individual's or entity's ownership stake in the team and serves as proof of ownership. The Atlanta Braves, one of the most iconic baseball franchises, offer various types of stock certificates to cater to different investor needs. These certificates may include: 1. Common Stock Certificate: This type of stock certificate represents ownership in the Atlanta Braves as a common shareholder. Common shareholders typically have voting rights in certain corporate matters and may receive dividends if the team distributes profits. 2. Preferred Stock Certificate: Preferred stock certificates grant shareholders preferential treatment over common shareholders. Preferred shareholders have a higher claim on the team's assets and earnings and are usually entitled to fixed dividends. 3. Class A Stock Certificate: Class A stock certificates are designed for investors who wish to have a specific class of shares, which may come with certain advantages or limitations compared to other classes. This type of certificate often serves a particular purpose, such as providing exclusive benefits or rights. 4. Restricted Stock Certificate: Restricted stock certificates are issued to individuals or entities subject to specific restrictions. These restrictions could include lock-up periods, transfer limitations, or certain vesting conditions that must be met before the shares can be fully owned or traded freely. 5. Transferable Stock Certificate: Transferable stock certificates allow shareholders to freely transfer or sell their ownership stake in the Atlanta Braves to another party. This type of certificate provides flexibility for investors seeking liquidity or who wish to transfer ownership to others. 6. Corporate Bond Certificate: In certain cases, the Atlanta Braves may issue bond certificates, which represent loans made by investors to the team. Bondholders typically receive fixed interest payments over a specified period and have a claim on the team's assets in case of default. It's important to note that the availability and specific details of these stock certificates may vary over time, as the Atlanta Braves' ownership structure and policies may change. Potential investors should consult with the team or their financial advisor for the most up-to-date information on purchasing or obtaining these certificates.