Federal law enforcement officials are investigating Players Way, a youth baseball company owned by the Major League Baseball Players Association that spent at least $3.9 million while holding few sparsely attended events since its 2019 founding, sources told ESPN.
The Florida-based business has generated barely six figures in revenue over five years. Two sources with knowledge of union finances told ESPN the actual investment is closer to $10 million, significantly higher than the MLBPA's stated $3.9 million figure.
Players Way was cited in an anonymous whistleblower complaint filed last November that triggered an ongoing criminal investigation by the U.S. Attorney's Office in Brooklyn. The complaint accused MLBPA executive director Tony Clark of self-dealing, misuse of resources and abuse of power at the union.
Former union officials said Players Way funds largely paid six-figure annual salaries to executives and consultants, including former major leaguers simultaneously working other full-time jobs. One former senior union official described Players Way finances as a "black box."
By its own accounting, the union spent more than $3 million on Players Way from 2019 until November 2024. During that time, the company held six baseball clinics, four mental skills webinars and several panel discussions.
"Players Way was a bad investment," a former union finance official said. "They just kept throwing money at it."
Clark, who has not been charged with any crime, defended the venture in a statement to ESPN.
"The goal -- informed by players themselves -- isn't to become just another cog in the youth sports machinery, putting profits over players," Clark said. "It aims higher: to meet players where they are, teach the game the right way, and to foster lifelong lessons creating lifelong fans."
Multiple former union officials said Players Way operated without standard accounting practices and with no annual budgets circulated among senior finance officials. The company lists its headquarters at a UPS Store mailbox in Windermere, Florida.
This year, Players Way has hosted events drawing fewer than 500 total attendees. The company website shows seven scheduled events through March 2026 with fewer than 25 kids signed up total.