Overview
- On June 23, Tatis Jr. filed a lawsuit in San Diego County Superior Court against Big League Advance Fund and Big League Advantage, LLC accusing them of predatory lending.
- He alleges that in 2018, as a 17-year-old minor leaguer, he received $2 million upfront in exchange for 10 percent of his future earnings under misrepresented loan terms.
- The lawsuit claims the unlicensed lender concealed its status and violated California consumer protection laws, seeking to void the pact that could require him to pay up to $34 million from his $340 million contract.
- He is also requesting public injunctive relief to prevent BLA from using similar agreements on other young athletes.
- The case follows MLBPA warnings about BLA’s business model and earlier legal actions by players such as Francisco Mejía against the company.