Inside the Clase Gambling Scandal: Secrets Threatening to Upend the Athlete Income-Sharing World
Emmanuel Clase’s sudden, indefinite suspension from Major League Baseball isn’t just a nightmare for the Cleveland Guardians—it’s also a major stumbling block for the still-budding concept of athlete income-sharing. The All-Star closer, sidelined amid an MLB inquiry into sports betting, had struck what seemed like a groundbreaking deal last year with Finlete: trading a small slice of his future earnings for upfront cash. Finlete, in turn, sold shares of this potential upside to investors—primarily enthusiastic fans who got perks like exclusive Zoom calls with Clase himself. This wasn’t your typical gamble; it was a fresh way to invest in an athlete’s trajectory. But Clase’s current predicament casts a long shadow over this innovative financial model.
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