Seeking advice on his contract negotiation with the New York Yankees, Alex Rodriguez went to the number one source for business wisdom, Warren Buffett, and a pair of Goldman Sachs executives.
After opting out of his contract at the urging of super-agent Scott Boras, Rodriguez found limited interest in his services at the price he was seeking. Now, he's back negotiating with the Yankees, after alienating the team badly by refusing to meet with them.
Buffett's advice to Rodriguez was this: If you want to stay in New York, go talk to the Yankees yourself and leave Boras out of it -- there's too much bad blood between him and the Yankees.
There are lot of athletes who could use Buffett's wisdom: Mike Lowell has professed his desire to stay in Boston, but may leave the team if he can secure a four-year deal from another team -- Boston is only offering him three. Buffett would probably tell him that it's silly to leave a great situation for more money when you're already rich. Mr. Lowell: Please stay in Boston. You had the best year of your career and the fans love you.
Buffett would probably tell Barry Bonds ... Well, Buffett would actually probably beat the crap out of Barry Bonds, because Warren Buffett is a person of integrity -- he doesn't like people who cheat and lie.
Full Disclosure: Zac Bissonnette is long the Boston Red Sox and has a large naked short position in the New York Yankees.
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Reader Comments (Page 1 of 1)
11-20-2007 @ 5:19PM
Judy said...
What I am dying to know is, if A-Rod negotiated without Boras, does that mean Boras won't get a commission? ROTFLMAO!!!