Rosenthal: The deal that will cost Fernando Tatis Jr. part of his contract - The Athletic

Fernando Tatis Jr. will not get the entire $340 million.

Taxes will cut into his new 14-year agreement with the Padres, of course. But Tatis also must pay off a previous obligation, a deal he made during the 2017-18 offseason, when he was turning 19 years old and preparing for his first full season at Double A.

It was then that Tatis entered into a contract with Big League Advance (BLA), a company that offers select minor leaguers upfront payments in exchange for a percentage of their future earnings in Major League Baseball. Neither Tatis nor BLA has revealed the exact percentage he owes the company.

The company’s president and CEO, former major-league pitcher Michael Schwimer, told The Athletic in April 2018 that BLA uses a proprietary algorithm to value every player in the minors. Players who receive offers can accept a base-level payout in return for 1 percent of their earnings, with the chance to receive greater incremental payouts and pay back a...

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