Free Agent Financing
Financing for Professional Athletes Who Are Not Currently Under Contract, but Projected to Sign
Sure Sports provides bridge financing and bridge loans to players nearing or in free agency, with funding options of up to 10% of the player’s estimated market value or 30% of the team’s written salary offer.
Benefits of Free Agent Financing
Confidentiality is at the forefront of everything we do
Sure Sports maintains strict confidentiality in all communications. We prioritize protecting the privacy of our borrowers and take all necessary measures to ensure it is upheld throughout the process.
Free Agent Financing
Case Study
Sure Sports received a request from an NFL Player’s Wealth Manager for financing options to assist the player in purchasing a new home.
Not only was the former second-round pick going into free agency, but the majority of his assets were tied up in investments creating a lack of liquidity.
The player was looking to finance the down payment on a $5M property in a short window of opportunity.
Sure Sports approved a short-term $2M loan to fund the down payment and complete the transaction, lending against the player’s Future Market Value.
Traditional banks were not able to provide the player with funds for his down payment due to their inability to recognize the athlete’s contract as an asset on his balance sheet.
Not only was Sure Sports able to recognize his NFL contract as an asset on his balance sheet, but we were also able to include his Future Market Value to ensure the loan amount was sufficient to serve his immediate need.
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