Only a very tiny percentage of minor-league players, like 1 in 10, ever make it to the big leagues for a day, and most are completely broke their entire time as pros.
This is why I’m so enamored of, and encouraged, by this fantastic HBO Real Sports story I saw on a seven-year-old startup company called Big League Advance. Led by CEO Michael Schwimmer, Big League Advance uses statistical predictive models to identify which of the thousands of amateur prospects have the best chance of making it to the majors.
Then they approach the players and offer them a large sum of cash, upfront, in exchange for their signature on a contract that says if the player gets to the major leagues, BLA will get a percentage (10 percent is typical) of their future contracts.
If a player never makes it to The Show, they never have to pay BLA back one penny.
Now, a few questions that I’m sure spring to mind: Is BLA actually good at predicting who will make the big leagues? Yes. According to the story they’ve got 60 players they’ve signed now in the bigs, including emerging superstar Fernando Tatis Jr. (who just signed a $341 million contract, so BLA is going to get around $34 million of that), out of around 350 they’ve given money to.
Is this exploitative of poor and predominantly minority players? I can see that argument, but I really don’t see how. If a player and his family are struggling and desperate for money, are you “exploiting” them by helping them out when they’re poor and struggling in Double-A Altoona, Pa., and then recouping some of that investment when they make the big leagues? I really don’t think so.
Schwimmer and BLA are businesspeople, making investments in talent and then recouping some of it later. It’s human capital, yes, but they’re also providing a desperately-needed service. The MLB owners and the MLB Players Union don’t care at all about minor league players, and have MLB has kept minor-league salaries ridiculously low for decades.
Hopefully, with companies like BLA, they will be forced to change their stance. I’ve embedded the story trailer above, and below is a podcast that has the entire piece in it. (Sadly HBO doesn’t have the full video of the BLA story online).
I heartily applaud BLA, and am glad they’re around.
**Next up, this was one of those extraordinary videos that reminds you how wonderful technology is, and how far we have come. A drone photographer named Lior Patel followed a herd of sheep for months, in Ramot Menashe in Northern Israel, as they were shepherded it summer pasture. It’s intoxicating and so cool to watch.
**And finally today, a story of a couple in Ukraine who thought they’d really come up with the perfect way to test the bonds of their love for each other, and it failed spectacularly.
A pair of Ukrainians named Alexandr Kudlay and Viktoria Pustovitova decided on Valentine’s Day to handcuff themselves together to see if that would bring them closer together, emotionally, while bringing them closer together, physically.
But alas, according to this story, “after 123 days handcuffed together to save their on-again off-again relationship, the Ukrainians have split up, shedding their bonds on national TV and saying the experiment had brought home uncomfortable truths.
Throughout the experiment, which they documented to a growing social media following, they did everything together, from grocery shopping to cigarette breaks. They took turns to use the bathroom and take showers.”
Man, so many jokes, so little time. They literally spent every waking moment together for 123 days, and it took THIS long for them to break up? There is no human, not even my wife, who I’d want to be attached to for four months, 24/7.
I mean, I guess you can’t “leave” a relationship if you can’t leave, right? I mean, I’ve heard about keeping your loved one under lock and key, but this takes that to a whole new level.
“I think it will be a good lesson for us, for other Ukrainian couples and couples abroad not to repeat what we have done,” Viktoria told Reuters in an interview in Kyiv.
Yeah no kidding! You hear that, you crazy lovebirds? Keep the handcuffs where they belong, only in the bedroom, that’s it.