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A-Rod Is Worth $284028 Million Dollars

Scott Boras likes to stick his nose in everything: from attempting to transform the World Series into a best out of 9 game series to apparently discussing business with the suspected future owner of the Chicago Cubs.

Will Leitch, author of Deadspin, wrote a piece on the apparent talks between Boras and John Canning (the man at the forefront of speculation for the Cubs’ takeover) in New York Magazine this past Sunday [Going, Going…]. The big issue surrounding Letich’s piece is that he mentions a conversation between Boras and Canning that featured the topic of negotiating a 10-year $300+ million contract that includes stake in the franchise.

Honestly, this all seems like a stretch, but let’s assume that the conversation actually did take place. Darren Rovell correctly points out page 213 of the MLB Collective Bargaining Agreement, which should advise Canning that he would be breaking rules if he attempts to sign A-Rod to such a deal..

“4c. The player represents that he does not, directly or indirectly, own stock or have any financial interest in the ownership or earnings of any Major League Club, except as hereinafter expressly set forth, and covenants that he will not hereafter, while connected with any Major League Club, acquire or hold any such stock or interest.”

I doubt that Leitch and Boras talk on the phone much, but the fact that Leitch wrote this story will only help Boras. I would like to say that Boras somehow shadily created this situation, yet it seems too far fetched. A-Rod is able to opt-out from his current contract (the same one he signed with the Rangers for $252 million) after this year, but will only do it if he is offered something better. Boras has refused to talk to the Yankees front office until after the season. A piece like the one in New York Magazine will start making rival teams like the Red Sox speculate what it will take to win the battle over A-Rod. In the end, Boras and A-Rod may benefit from the mere fact that the (fictitious?) story was written about Boras talking to Canning.

-Darren Heitner

By Darren Heitner

Darren Adam Heitner, Esq., is a preeminent sports attorney and the founder of Heitner Legal, P.L.L.C., a Fort Lauderdale-based law firm specializing in sports law, contract negotiations, intellectual property, and arbitration. He earned his Juris Doctor from the University of Florida Levin College of Law in 2010 and a Bachelor of Arts in Political Science, magna cum laude, from the University of Florida in 2007, where he was named Valedictorian of the College of Liberal Arts and Sciences. Admitted to practice in the state bars of Florida, New York, and the District of Columbia, as well as multiple federal courts, Darren also serves as a certified arbitrator with the American Arbitration Association.

As an adjunct professor, Darren imparts his expertise through teaching Sports Law at the University of Florida Levin College of Law and Name, Image, and Likeness (NIL) at the University of Miami School of Law in the Entertainment, Arts, and Sports Law LL.M. program. His scholarly contributions include authoring several books published by the American Bar Association, such as How to Play the Game: What Every Sports Attorney Needs to Know, and numerous articles in prominent publications like Forbes, Inc. Magazine, and Above the Law. His thought leadership in NIL has earned him recognition as one of the foremost experts by The Wall Street Journal, USA TODAY, and On3, and he has been lauded as a “power player in NIL deals” by Action Network and a “top sports trademark attorney” by Sportico.

Darren’s passion for sports law led him to establish Sports Agent Blog on December 31, 2005, initially titled “I Want To Be A Sports Agent.” The platform, created as a New Year’s resolution, has grown into a cornerstone of the sports agency community, offering in-depth analysis of industry trends, legal disputes, and agent-player dynamics. His commitment to the field is further evidenced by his representation of numerous athletes and sports agents, as well as his prior role as an Adjunct Professor at Indiana University Bloomington, where he developed and taught a course on Sport Agency Management from 2011 to 2014.

Darren’s contributions have been recognized with prestigious honors, including the University of Florida’s 40 Under 40 Award, the University of Florida Levin College of Law’s Outstanding Young Alumnus Award, and designation as the best lawyer in Fort Lauderdale by Fort Lauderdale Magazine. He remains an active voice in the sports law community, sharing insights through his weekly NIL newsletter and his X posts, engaging a broad audience on legal developments in sports.

2 replies on “A-Rod Is Worth $284028 Million Dollars”

If he wasn’t in ny he would be touted as the best ever. Wise up A-Rod get out. Youll be appreciated else where.

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