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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 Heitner created Sports Agent Blog as a New Year's Resolution on December 31, 2005. Originally titled, "I Want To Be A Sports Agent," the website was founded with the intention of causing Heitner to learn more about the profession that he wanted to join, meet reputable individuals in the space and force himself to stay on top of the latest news and trends.

Heitner now runs Heitner Legal, P.L.L.C., which is a law firm with many practice areas, including sports law and contract law. Heitner has represented numerous athletes and sports agents as legal counsel. He has also served as an Adjunct Professor at Indiana University Bloomington from 2011-2014, where he created and taught a course titled, Sport Agency Management, which included subjects ranging from NCAA regulations to athlete agent certification and the rules governing the profession. Heitner serves as an Adjunct Professor at the University of Florida Levin College of Law, where he teaches a Sports Law class that includes case law surrounding athlete agents and the NCAA rules.

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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