Poker Stories

Poker Stories: Michael Schwimer

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Synopsis

Michael Schwimer grew up a standout athlete in Fairfax, Virginia and in high school was a star on his baseball and basketball teams. The 6'8'', 240-pound guard led his team to a championship and was even named MVP over future NBA center Roy Hibbert, but ultimately decided to turn down scholarship offers from Coach Mike Krzyzewski at Duke and Coach Rick Pitino at Louisville in order to pitch for his hometown University of Virginia.Schwimer decided to finish his degree, and even interned at a hedge fund, before he was drafted by the Philadelphia Phillies. He spent three years in the minor leagues before making his major league debut, and finished his career with a 3-2 record. Schwimer says he made more money in the poker games on team road trips than he did as a player during his time in the league.After retiring, Schwimer started Big League Advance, a company that invests in (or stakes) minor league baseball players in exchange for a percentage of their future earnings. His second company, Jambos, is now posit