𝕋𝕙𝕖 𝔻𝕠𝕔 🇺🇸

Fernando Tatis Jr. has lost his lawsuit against Big League Advance. Tatis was paid $2 million as a minor leaguer in exchange for 10% of his future earnings. This was not a loan. If Tatis didn't make it to the big leagues, he didn't have to repay the $2 million. But Tatis did make it to the big leagues and later signed a 14-year, $340 million contract. That meant Tatis owed Big League Advance $34 million. Tatis had publicly praised Big League Advance, saying the $2 million allowed him to hire a personal trainer, upgrade his apartment, and eat better food. But after realizing he owed $34 million in exchange for $2 million, Tatis sued the company, alleging that they used predatory tactics to lure him into an investment deal that was really an illegal loan. The judge disagreed. The agreement was upheld this week and Tatis was even ordered to pay Big League Advance’s legal fees. This is a big deal because Big League Advance has signed deals with 700+ athletes, including Elly De La Cruz (MLB) and Nolan Smith (NFL), across MLB, NFL, and college sports (think: NIL). And now that the courts have ordered Fernando Tatis Jr. to follow through on the agreement, other potential legal challenges will likely go the same way.