Fernando Tatís Jr. was 18 years old, just a low-level prospect from the Dominican Republic trying to work his way up in the San Diego Padres farm system, when he made a financial deal that would impact his entire baseball career. And it wasn’t with the Padres. Tatís signed a contract with Big League Advance, an unusual investment fund that pays minor-league players money up front in exchange for a share of their future MLB earnings.
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The Padres owe Fernando Tatís Jr. $340m; he owes an investment fund millions from his payday
“We know we’re going to lose money on over 80% of the players we do deals with,” Schwimer said. “We know that going in. But it’s all worth it because of finding a Tatís.”
