Latest news with #Tatis
Yahoo
7 days ago
- Sport
- Yahoo
Padres Make Unexpected Fernando Tatis Decision on Wednesday
Padres Make Unexpected Fernando Tatis Decision on Wednesday originally appeared on Athlon Sports. Fernando Tatis made his major league debut for the San Diego Padres in 2019 and is playing in his sixth season for the team. Advertisement Tatis was initially signed as an international free agent by the Chicago White Sox in 2015 and later dealt to San Diego—alongside pitcher Erik Johnson—in exchange for James Shields. In the 2021 offseason, he solidified his future in San Diego by signing a 14-year, $340 million contract with the Padres, the richest in franchise history. Since arriving in San Diego, Tatis has been nothing short of spectacular. A two-time All-Star, two-time Silver Slugger and Gold Glove winner, he's already made three postseason trips with the Padres, highlighted by an NLCS appearance in 2022. San Diego Padres outfielder Fernando Tatis Jr. (23)Denis Poroy-Imagn Images This season, he's been entrusted at the top of the order, starting all 77 games in the leadoff spot. Advertisement However, after yesterday's loss to the Washington Nationals, manager Mike Shildt opted to shake up the lineup—sliding Tatis down to fourth for the first time this season in a move designed to spark both the offense and the superstar. This move comes as Tatis has been slumping at the plate after a hot start to season in which he produced MVP-caliber numbers. Since early May, he's hitting just .213 over 48 games, with only seven homers, 19 RBIs and a .689 OPS. His struggles have left a hole at the top of the lineup and made run production much tougher for the Padres. With San Diego sitting just half a game back in the NL wild-card race, getting Tatis back to his early-season form is crucial if they hope to secure a postseason berth. Advertisement Related: MLB Announces Manny Machado News Before Nationals-Padres Related: Astros Make Yordan Alvarez Announcement After 47 Missed Games This story was originally reported by Athlon Sports on Jun 25, 2025, where it first appeared.
Newsweek
24-06-2025
- Business
- Newsweek
Padres' Fernando Tatis Jr. Involved in Lawsuit Against Big League Advance Fund
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Fernando Tatis Jr. signed a 14-year, $340 million deal with the San Diego Padres in 2021. He had agreed to a deal with Big League Advance Fund and Big League Advantage, LLC to receive an upfront payment in exchange for a percentage of his future earnings in 2017, according to The Athletic's Brittany Ghiroli and Dennis Lin. Now that Tatis is a highly paid player, he owes Big League Advance millions of dollars. Tatis is suing the company and seeks to hold Big League Advance accountable for "exploitative, predatory business practices, which shamelessly push illegal loans on young, vulnerable athletes — most from economically disadvantaged Latin American countries," read a press release by his legal team, according to The Athletic. At the time of the deal, Tatis told The Athletic's Ken Rosenthal that he needed an advance to hire a trainer, rent a better apartment and buy food. He received a $700,000 signing bonus when he signed with the Chicago White Sox in 2015. 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... 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 press release by his legal team claims that BLA has been operating an "unlicensed lending business that evades legal oversight and siphons millions in earnings from California workers," per The Athletic. Francisco Mejía filed a similar suit in 2018, but eventually dropped the case. According to The Athletic, Tatis refused to make any further comments when he arrived at Petco Park on Monday. However, it's clear that a deal he thought was favorable in 2017 is no longer viewed as such. "The money BLA gives players is not a loan, per se," wrote The Athletic. "If a player doesn't reach the big leagues, he owes nothing. If he does reach the major leagues, however, the price — a portion of pre-tax major-league earnings — can be hefty. Michael Schwimer, a 39-year-old former pitcher for the Philadelphia Phillies who is the president and CEO of BLA, told The Athletic in 2018 that his company's goal is to help minor leaguers guard against uncertain futures." Tatis is one of the biggest stars in the game, and this lawsuit could end up being a very important development for many young players around the league. More MLB: Mets Insider Shares Concern For 25-Year-Old's Shocking 'Sudden Downfall'
Fox Sports
24-06-2025
- Business
- Fox Sports
Padres' Star Fernando Tatis Sues Big League Advance
San Diego Padres star Fernando Tatis Jr. filed a lawsuit Monday against Big League Advance in an attempt to void the future earnings contract he signed as a 17-year-old minor leaguer that could cost him about $34 million. The lawsuit, filed in San Diego County Superior Court, accuses BLA of using predatory tactics to lure him into an "investment deal" that was actually an illegal loan. BLA misrepresented itself to Tatis, hiding its unlicensed status and pushing him into loan terms banned by California's consumer protection laws, the suit alleges. Attorney Robert Hertzberg said the suit also seeks public injunctive relief to protect young athletes from being lured into such deals. Hertzberg said Tatis received $2 million up front in exchange for 10% of future earnings. Tatis signed a $340 million, 14-year contract in February 2021. Hertzberg said Tatis would also be on the hook for future earnings from any subsequent contract he might sign, unless the deal is voided. "I'm fighting this battle not just for myself but for everyone still chasing their dream and hoping to provide a better life for their family," Tatis said in a statement provided by a publicist. "I want to help protect those young players who don't yet know how to protect themselves from these predatory lenders and illegal financial schemes — kids' focus should be on their passion for baseball, not dodging shady business deals." Tatis, a son of the former big league infielder, declined further comment before Monday night's game against the Washington Nationals. Hertzberg said that even though Tatis signed the deal in his native Dominican Republic, he is covered by California consumer protection laws. BLA declined comment. "California lawmakers have put in place serious, straightforward protections against predatory financial activity, but BLA has still disregarded our laws to pursue a business model built on prohibited, deceptive and abusive practices," said Hertzberg, a former speaker of the California State Assembly and majority leader of the California Senate. Tatis has blossomed into one of the game's biggest stars, although he's been dogged by injuries and an 80-game PED suspension handed down by MLB in 2022. He debuted in 2019 and was an All-Star at shortstop in 2021 before being moved to right field, where he was an All-Star last year. BLA sued former one-time Padres outfielder Franmil Reyes on June 16 in Delaware Superior Court, claiming breach of contract. BLA says Reyes owes $404,908.87 in past due payments plus $298,749.13 in interest, as well as a yet-to-be-determined amount from when he played in Japan. Reporting by The Associated Press. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account and follow leagues, teams and players to receive a personalized newsletter daily! recommended Get more from Major League Baseball Follow your favorites to get information about games, news and more in this topic
NBC Sports
24-06-2025
- Business
- NBC Sports
Padres star Tatis sues Big League Advance in attempt to get out of future earnings deal
Eric Samulski unpacks the anticipated MLB debut for Reds pitching prospect Chase Burns, and while he should be added in all formats, managers should leave him on the bench with a difficult schedule ahead. SAN DIEGO — San Diego Padres star Fernando Tatis Jr. filed a lawsuit Monday against Big League Advance in an attempt to void the future earnings contract he signed as a 17-year-old minor leaguer that could cost him $34 million. The lawsuit, filed in San Diego County Superior Court, accuses BLA of using predatory tactics to lure him into an 'investment deal' that was actually an illegal loan. BLA misrepresented itself to Tatis, hiding its unlicensed status and pushing him into loan terms banned by California's consumer protection laws, the suit alleges. Attorney Robert Hertzberg said the suit also seeks public injunctive relief to protect young athletes from being lured into such deals. Hertzberg said Tatis received $2 million up front in exchange for 10% of future earnings. Tatis signed a $340 million, 14-year contract in February 2021. Hertzberg said Tatis would also be on the hook for future earnings from any subsequent contract he might sign, unless the deal is voided. 'I'm fighting this battle not just for myself but for everyone still chasing their dream and hoping to provide a better life for their family,' Tatis said in a statement provided by a publicist. 'I want to help protect those young players who don't yet know how to protect themselves from these predatory lenders and illegal financial schemes - kids' focus should be on their passion for baseball, not dodging shady business deals.' Tatis, a son of the former big league infielder, declined further comment before Monday night's game against the Washington Nationals. Hertzberg said that even though Tatis signed the deal in his native Dominican Republic, he is covered by California consumer protection laws. BLA declined comment. 'California lawmakers have put in place serious, straightforward protections against predatory financial activity, but BLA has still disregarded our laws to pursue a business model built on prohibited, deceptive and abusive practices,' said Hertzberg, a former speaker of the California State Assembly and majority leader of the California Senate. Tatis has blossomed into one of the game's biggest stars, although he's been dogged by injuries and an 80-game PED suspension handed down by MLB in 2022. He debuted in 2019 and was an All-Star at shortstop in 2021 before being moved to right field, where he was an All-Star last year.
Fox Sports
24-06-2025
- Business
- Fox Sports
Padres star Tatis sues Big League Advance in attempt to get out of future earnings deal
Associated Press SAN DIEGO (AP) — San Diego Padres star Fernando Tatis Jr. filed a lawsuit Monday against Big League Advance in an attempt to void the future earnings contract he signed as a 17-year-old minor leaguer that could cost him $34 million. The lawsuit, filed in San Diego County Superior Court, accuses BLA of using predatory tactics to lure him into an 'investment deal' that was actually an illegal loan. BLA misrepresented itself to Tatis, hiding its unlicensed status and pushing him into loan terms banned by California's consumer protection laws, the suit alleges. Attorney Robert Hertzberg said the suit also seeks public injunctive relief to protect young athletes from being lured into such deals. Hertzberg said Tatis received $2 million up front in exchange for 10% of future earnings. Tatis signed a $340 million, 14-year contract in February 2021. Hertzberg said Tatis would also be on the hook for future earnings from any subsequent contract he might sign, unless the deal is voided. 'I'm fighting this battle not just for myself but for everyone still chasing their dream and hoping to provide a better life for their family," Tatis said in a statement provided by a publicist. "I want to help protect those young players who don't yet know how to protect themselves from these predatory lenders and illegal financial schemes — kids' focus should be on their passion for baseball, not dodging shady business deals.' Tatis, a son of the former big league infielder, declined further comment before Monday night's game against the Washington Nationals. Hertzberg said that even though Tatis signed the deal in his native Dominican Republic, he is covered by California consumer protection laws. BLA declined comment. "California lawmakers have put in place serious, straightforward protections against predatory financial activity, but BLA has still disregarded our laws to pursue a business model built on prohibited, deceptive and abusive practices,' said Hertzberg, a former speaker of the California State Assembly and majority leader of the California Senate. Tatis has blossomed into one of the game's biggest stars, although he's been dogged by injuries and an 80-game PED suspension handed down by MLB in 2022. He debuted in 2019 and was an All-Star at shortstop in 2021 before being moved to right field, where he was an All-Star last year. ___ AP MLB: recommended in this topic
