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Fernando Tatis Jr. Sues Big League Advance Over Predatory 2017 Loan Deal

The lawsuit contends that the 2017 contract violated California lending laws, with Tatis seeking injunctive relief to protect vulnerable young athletes.

SEOUL, SOUTH KOREA - MARCH 21: Fernando Tatis Jr. #23 of the San Diego Padres celebrates the team's 15-11 victory in the 2024 Seoul Series game between San Diego Padres and Los Angeles Dodgers at Gocheok Sky Dome on March 21, 2024 in Seoul, South Korea.
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Overview

  • Tatis filed a lawsuit Monday in San Diego County Superior Court to void a 2017 agreement he signed as a 17-year-old minor leaguer.
  • The contract gave him a $2 million advance in exchange for 10 percent of his future earnings, obligating him to pay up to $34 million under his current $340 million, 14-year Padres deal.
  • His complaint accuses Big League Advance of operating as an unlicensed lender that used exploitative, predatory tactics to push illegal loans on vulnerable young players.
  • He is seeking public injunctive relief to block BLA from enforcing similar deals with other minor leaguers.
  • The lawsuit references a 2016 MLBPA warning against BLA’s business model and echoes Francisco Mejía’s 2018 suit alleging unconscionable tactics.