transition from Pro Baseball to Investment Banking
i'm very interested in the investment banking word and i know i have what it takes to prosper, but im currently a minor league baseball player who is young (22) and because i am ambitious about my life, i wanna know your thoughts and the process towards transitioning into investment banking/my life after baseball. (assuming i dont make it)
Do you know who Eric Sim is?
yes
Are you a JUCO bandit? I'm actually semi-serious because a JUCO vs. playing at Vanderbilt are very different things finance-wise
no i didnt go to a juco but i went to a very nitty gritty north east D1 baseball program that had a bunch of juco bandits
Did you get drafted junior year or senior year? In other words, did you actually graduate?
Also, is your org the Rays? You should be able to answer while remaining anonymous
Yes, we are the number one farm system in the MLB, i was drafted as a junior, and in the past two off seasons I finished my degree and graduated
Nice- do you know Jim Paduch? He was my pitching coach many moons ago. The fact that you finished your degree is a really good sign, considering that you went back during the offseason when minor leaguers have to work several jobs due to the shit wages, shows that you also care about academics/your professional life. Most guys wouldn't have bothered going back. Assuming your major was finance related, that puts you in a good spot depending on the size of your school
of course i know jim paduch. i actually have a friend (who is older than me ) who played in the big leagues that was in the same org at the same time as him. but yes thak you for that it wasnt easy to do it at the same time or overlapping rather but i did it and now this pandemic has halted my career and i just wanna be ambitious and play baseball but that doesnt seem like its gonna happen any time soon
Well the first step would be to be honest with yourself. I can't really speak much for hitters but I know as a pitcher that unless your FB is averaging around 94+ with decent command or you just have ridiculous stuff then it will be hard to move up in the ranks. Many guys sadly become "organizational players", meaning that they're good enough to not be cut, but not good enough to be promoted. Many guys can get drafted sitting low 90s and may even be able to get outs at the minor league level, but if management doesn't think their stuff projects to the big leagues then you're going to be spinning your wheels. So instead of evaluating yourself based on a pure stats standpoint (ERA, WHIP, etc.), look at yourself from a raw ability standpoint and think, is my stuff comparable to the average MLB pitcher. Now if you're a position player I just wasted a whole paragraph, but if you've shown the ability to consistently produce against the pitchers at your level and are fundamentally sound otherwise, then you'll be in a good spot. Position players have a better chance making it the majors for the same reason pitchers have a harder time: the average increase in ability from level to level for position players outpaces that of pitchers. There are a lot of single A pitchers that could probably fare well in the majors, but they'll never get that chance because there are so many guys above who are slightly better. So if you do legitimately think you have a shot at the majors I would start to network in your spare time (offseason) with alumni from your school, and I'm sure they'll understand how busy you are so just make sure to maintain the contact, they'll appreciate the effort given your workload. The other thing is that I suspect we'll see some actual chance with minor league treatment (salaries) given that the issue is becoming more and more public, so if you can afford it, I would say stick with it for now considering you said you're young. But if you don't think you have a serious future in the game, I would say start networking more aggressively and continue to play until you get released. As a gesture of goodwill, many orgs will promote guys about to get released to Triple A for a few days so they can say they made it that far (helps if they want to coach in the future), so see if you can stick with it. Don't think for a second that you'll be dismissed just because you didn't take a finance job straight out of undergrad. Most people know the grind that even D1 college sports are, so showing that you were able to survive a grueling professional career on terrible wages and PB and Js, that will be enough proof of your work ethic and determination. Hope that clears some stuff, would be happy to talk more through a PM
At first I thought I was gonna be reading about an MLB player lol.
If an actual, real MLB player aspired to leave his field (haha) for INVESTMENT BANKING, idk what I'd do.
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