"Federal law officers are investigating a youth baseball company owned by the Major League Baseball Players Association that spent at least $3.9 million while holding few sparsely attended live events for kids, sources familiar with the inquiry told ESPN. The Florida-based business, Players Way, has generated barely six figures in revenue since its founding in 2019. While the union said it has put $3.9 million into the company,"
"The former officials said Players Way funds largely paid the six-figure annual salaries of its executives and consultants. They include a handful of former major leaguers, some of whom were simultaneously working other full-time jobs outside the union. One of the former senior union officials described Players Way finances as a "black box." Players Way was cited in an anonymous whistleblower complaint last November that triggered an ongoing criminal investigation by the U.S. Attorney's Office in Brooklyn,"
Federal law officers are investigating Players Way, a Florida-based youth baseball company owned by the Major League Baseball Players Association. The company has generated barely six figures in revenue since its 2019 founding while the union reported investing $3.9 million; two sources with knowledge of union finances told investigators the total investment may be closer to $10 million. Former officials said Players Way funds largely paid six-figure annual salaries for executives and consultants, including several former major leaguers who also held outside full-time jobs. A former senior union official called Players Way finances a 'black box.' An anonymous whistleblower complaint prompted a criminal probe by the U.S. Attorney's Office in Brooklyn.
Read at ESPN.com
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