San Diego Padres

Big League Advance made $30M off one Fernando Tatis Jr. deal

Shaan describes Big League Advance, which signs income-share agreements with minor leaguers (e.g. $350K for 8% of future earnings), betting analytically on who becomes a star. When Tatis signed a $340M deal with the Padres, BLA reportedly made $30 million.

“So he signed a $340 million deal with the Padres. And the interesting thing that came out of that was that this company that I had never heard of called Big League Advance made $30 million off of that deal.”