Overview

• A Sept. 11 decision by arbitrator Anthony J. Carpinello awarded Big League Advance $3.74 million after rejecting Fernando Tatis Jr.’s request to pause the proceedings.
• The arbitrator wrote that BLA provided risk capital rather than a loan and noted Tatis would have owed nothing if he had not reached the majors.
• BLA filed on Sept. 24 in the Superior Court of the District of Columbia to confirm the award, which reflects missed 10% payments plus interest, fees, and costs.
• Tatis’s separate California lawsuit filed in June, which alleges unlicensed, predatory lending, remains pending with a case-management conference scheduled for early December.
• Tatis agreed in 2017 to receive $2 million in exchange for 10% of future earnings, a share that could total roughly $34 million from his 14-year, $340 million Padres contract.