Photo by James Gilbert/Getty Images
Bears rookie defensive tackle Gervon Dexter has filed a lawsuit against Big League Advance Fund to void a contract he signed that gives 15% of his pre-tax NFL earnings to the speculative investment capital company.
Big League Advance provides funding for athletes in college and baseball’s minor leagues in exchange for a return of future earnings. Dexter signed the contract at Florida last year.
According to e lawsuit, Dexter received $436,485 from Big League Advance in exchange for 15% of his pre-tax NFL earnings for 25 years.