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CNBC's "Last Call"
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The Importance of Investing in Minor League Baseball Players
The company that I wrote about is called Big League Advantage and it was founded in 2016 by a former minor league baseball player named Michael Schwimmer. The business model is actually pretty simple. They give a cash upfront payment to minor league baseball players primarily and they get in exchange a percentage of your future revenue that you make in the MLB. 80, 70 to 80% of the players that they invest in actually don't make it to major league baseball and don't give them any money in return.
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