11.28.07

The Horrible Sound Keeping You Awake Is Scott Boras Having The Last Laugh

Posted in Baseball, Blogged Down, General at 11:25 am by

Charles Star suggests that despite perception Scott Boras was left on the outside looking in during Alex Rodriguez’ recent negotiations with the New York Yankees, the mega-agent is no sap.

Buried in a story about how Goldman Sachs avoided getting burned in the mortgage crisis was this paragraph:

Meanwhile, two Goldman managing directors acted as liaisons, helping bring Alex Rodriguez back to the New York Yankees baseball team, a classic Goldman deal that enhances the value of the firm™s 40 percent stake in the YES network – which it is trying to sell - while also pleasing Yankee fans. The symmetry was perfect: like the Yankees, Goldman, more than any other bank on Wall Street, is both hated and revered.

So now you tell me: did A-Rod approach people at Goldman Sachs on the advice of Warren Buffet? Or is it more likely that Goldman Sachs approached him, with an assist from Warren Buffet? Or asked A-Rod to give Warren Buffet a call.

I have a feeling that ARod may be making $30MM a year after all, with a little help from friends that aren™t the Yankees. Scott Boras is no dummy. He knows how important the sale of YES is to more than just the Yankees.

Star makes a salient point, one especially helpful to me, having presumed YES’ market value hinged more on the quality of Michael Kay’s “CenterStage” than actual Yankee wins and losses.

2 Responses to “The Horrible Sound Keeping You Awake Is Scott Boras Having The Last Laugh”

  1. Rog says:

    That’s all really swell. Maybe we should all go over to the Bill Simmons marathon chat and ask his opinion about all of this:

    http://proxy.espn.go.com/chat/special/billsimmons?event_id=18257

  2. Rog says:

    BTW, I submitted the following question (probably too soon; he’ll be much more desperate to answer ANY questions around quittin’ time):

    ‘If there was a contest between you and Joe Morgan on sucking the most, who would ‘win’?’

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