Gonna move the Big League Advantage/Advance Fund discussion here, since it’s NIL-adjacent (they are getting into the NIL game/got out of the NIL game because they had a high-ish profile lawsuit filed by a football player they paid money to; How Big League Advantage courts a cut of athletes’ paydays - The Washington Post):
I agree with the last point around how informed the decision being key for judging how predatory their practices are. I read that at least 50% of their investment/loan/not-loan-payment deals are with athletes from Latin American countries and the economic situations in some of those countries bring up questions for me about vulnerability of the athletes, especially at the young ages where these deals are being signed.
(Also, somewhat tangentially, the quotes Schwimer made in that WaPo story give me the ick)