The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 24 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Schwimer Claims MLBPA and Agents Oppose BLA Because They Ignore Minor Leaguers
“The MLBPA looks at is players just lost ten million dollars because they don't care. About the minor leaguers. And to see the amount of pushback we're getting from them and from agents that obviously don't care about their players and care more about them keep…”
Big League Advance raised a $130M Fund II at 3-and-30 fees
“Our first one was a two and 20 and our twenty six million, our hundred and thirty million dollar fund was a three and 30. And so we actually took us five weeks to raise that. We actually raised 182, but I had to return fifty two million because there's only so…”
Schwimer Projects Over 50% of Big League Advance Signees Reach the Majors
“We believe that over half the players we sign will play a day in the major leagues.”
Schwimer Explains Big League Advance's Upfront Earnings-Share Model for Minor Leaguers
“Can I invest in them? Give them money, hundreds of thousands, at some point, sometimes millions of dollars, in exchange for a future share of their earnings. If they don't make it, they keep all the money, and if they make it, we share in their success.”
Big League Advance Sells Highly Accurate Pitcher Injury Prediction Models to MLB
“They built a model that was truly revolutionary to where we can predict When a pitcher's gonna get hurt with incredible accuracy to the point where MLB teams are paying for our service now”
Schwimer: Big League Advance Projects Losing Money on 80% of Player Investments
“Just because I said over half the players will make it, we're still projecting 20% to be profitable. Keep in mind, they had to play three years. Even if they do 10%, they're returning 150,000, because they make 500,000 dollars a year. In order to be successful…”
Schwimer: Three NBA Teams Asked to Outsource Analytics to Big League Advance
“And two NBA, actually three NBA teams now called us and wanted to fire their entire advanced analytics department and have us be the analytics department for those teams remotely.”
Schwimer: Francisco Mejía Dropped Lawsuit and Paid Big League Advance's Legal Fees
“Francisco ended up dropping the case. We actually countersued him. We settled the countersuit. He paid a portion of our legal fees for the case, and then wrote a very long apology that was highlighted actually in the Sports Illustrated article that came out ab…”
Big League Advance saw 38 of 77 Fund I players reach MLB
“Our first fund of 77 players, and keep in mind, remember, you have less than a 10% chance to make the major leagues if you're throwing a dart in the minor leagues, and we don't get first round picks. So the players that we go after, these non top 300 prospects…”
Professional sports teams are extremely cheap about paying for outside analytics
“We quickly found out that teams were not interested in this. They have their own, they're very cheap. Teams are extremely cheap when it comes to this type of stuff. They're not cheap when it comes to paying players, but for outside resources, it's not that gre…”
Schwimer: 24 MLB Teams Consulted Big League Advance at 2018 Trade Deadline
“Last year, the trade deadline, or, you know, in 2017, 17 teams called us. This year, 24 teams called us at the trade deadline asking our advice on who are the underrated prospects in this organization.”
Big League Advance expects over 50 Fund I players to reach MLB
“We're expecting over 50 out of the 77 to get to me.”
Schwimer: Former Goldman Sachs Employees Failed at Minor League Player Investing
“There were some Goldman guys that quit and tried to do it. They have a couple players, then they left, because they realized they couldn't do it.”
Big League Advance Videotapes Contract Signings With 20-Question Comprehension Checks
“We videotape the signing before the signing and ask them all these questions. Do you understand if you make five hundred million dollars, you will owe us twenty five million in your career? Assuming they do a deal for five percent. Do you understand if you nev…”
Schwimer: Big League Advance Has Signed 128 Minor League Players
“Of the 128 players we've signed now, and that probably 300 ish we've offered, or more”
Schwimer: All Big League Advance players in the majors have paid in full
“We have many, many players in the major leagues. They've all paid on time and in full.”
Schwimer: Over 75% of BLA Signees Were Outside Top 300 Prospects
“Over 75% of the players that we sign Aren't top 300 prospects in baseball when we sign them”
Schwimer: Paul DePodesta Is Big League Advance's Second-Largest Shareholder
“Skip to the end. He's a, he's the second largest shareholder besides myself and a partner.”
Schwimer: Big League Advance is pushing for player protection laws in Delaware
“We're pushing for a law to make sure these players are protected. And so we are going to try to get that through Delaware this year.”
Two Soccer Federations Offered BLA Multi-Million Dollar Contracts Before Qatar World Cup
“Two soccer federations have reached out to us. We have nobody that has any experience in soccer, by the way. Two soccer feders reached out to us, offering us multi-million dollar year contracts to help them in advance of the World Cup in Qatar using advanced a…”
Schwimer: Former Lakers analytics director Jason Rosenfeld joined Big League Advance
“Jason did leave the Lakers, came to work for big league advances, our chief strategy officer running the entire analytics team.”
Schwimer: BLA's second fund will invest in 500 players
“You know, we're going to have 500 players in that fund.”