Tony Clark sitting against a blue background that says “National Press Club.”

Baseball players’ association head Tony Clark speaks during a news conference at the Press Club in Washington in 2022. (AP Photo / Jose Luis Magana)

Federal investigators are probing the finances of Players Way, a for-profit arm of the Major League Baseball Players Association focused on youth baseball, ESPN first reported on Thursday.

Players Way has not held many events since its founding in 2019 but close to $10 million has been spent on the initiative, ESPN reported, citing two anonymous sources. That expenditure is more than twice the $3.9 million the union told the outlet …

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