I have found a domain name michaelvick.tv I would like to buy?

I have found the domain name michaelvick.tv that I would like to purchase it is appraised on tdnam.com (godaddy'sauction site for ,077 the asking price is 9 my it department iinformed me that .TV is the next big investment for websites and I strongly believe this site will generate tons of traffic in turn a great profit. What type of content can I put on this site and is there a way to buy this now and end the auction before I am outbid?