Son plays for Northwoods League and they are joining with Sandlot Share. Anyone have any personal experience with this program?
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I had to look it up.
I looked at the Sandlot Share website, Facebook, and google, and could not find the "people" that run or invest in it. Granted, I didn't give it too much of my time.
What did come up was another group called Pando Pooling. Been around for a few years. There are several articles about Pando.
There is yet another group (link below) that contacted my son (and it was mentioned about a year ago on this site, started by a UVA grad, former milb player?) where a private capitol investors group invests in players already drafted for a % of future income. Not player pooling before the draft. They contact you with a specific amount they will pay you (different amounts for different players and their mlb prospects), for the agreed 10-15% of future MLB earnings. They suggest you contact an attorney before you sign and they video you before you sign that you agree to terms.
Note: they have a tab where you can "meet the team". On the Sandlot Share site, no people are listed.
What a player is actually doing in both player pooling before the draft or contracting after the draft, is betting against himself.
I am interested in hearing from others.
To add: My son did not do it. Nor did a friend of his. He received a decent bonus and his wife has job that can support/supplement him if needed. However, there are testimonials of where this type of pooling has helped minor leaguers tremendously, especially if there is a wife that does not work and children involved.
How is the NWL "joining" with Sandlot Share? Promoting? Taking a cut?
@keewart posted:How is the NWL "joining" with Sandlot Share? Promoting? Taking a cut?
Honestly, I'm not even sure. As a parent of a player we got an email that Northwoods was collaborating with Sandlot Share and I had never heard of it so was curious what it was all about.