An MLB Star Sold Stakes in His Future Earnings for Cash. Now He’s Involved in a Gambling Probe.
Wall Street Journal - SportsSunday, August 3, 2025 at 12:00:00 PM
A Major League Baseball star, Guardians closer Emmanuel Clase, sold shares of his future earnings to investors in exchange for upfront cash. Now, he’s caught up in a gambling investigation, raising fresh concerns about the risks and ethics of income-sharing deals for athletes.
Editor’s Note: This story highlights the growing trend of athletes monetizing their future earnings—a risky move that can backfire if things go sideways. With Clase now tangled in a gambling probe, it’s a cautionary tale about how these financial deals can quickly turn messy, not just for players but for the investors betting on them. It also puts a spotlight on the broader debate over whether these agreements are fair or exploitative.
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