After the New York Yankees signed the three biggest free agents on the market, Milwaukee Brewers owner Mark Attanasio sent an email to Bloomberg calling for a salary cap: "At the rate the Yankees are going, I'm not sure anyone can compete with them. Frankly, the sport might need a salary cap." He added that "I paid $220 million for my team; now they get three players for $420 million."

Under a salary cap system, teams would be limited as far as how much they can spend on player salaries each year -- the idea is to allow smaller-market teams to be competitive.

But in an interview with CNBC, Scott Boras -- the controversial super-agent who represents Mark Teixeira, Manny Ramirez and many others -- explained why he doesn't think baseball should have a salary cap. Of course it's a pretty self-serving argument but here's what he said: "I'm not sure what a salary cap does other than it prevents choices."

Of course Scott Boras could sell a champion sailor to a guy in the desert, but he actually might be onto something with this one: The free agent frenzy of out of control spending adds a "Hot Stove" season to baseball that others sports lack. And for all the talk about big budget teams killing competitiveness, the two teams that made it to the World Series ranked 13th and 29th (second to last) on the list of teams with the biggest budgets.

In light of current economic conditions, you might be worried about your situation: your job security, your home's value, your 401(k), and how you're going to pay for your kid's college.

But hey: quit being so selfish, and have a little sympathy for the real victims of this mess. That's right: professional athletes. MLB.com's Hal Bodley reports that "Economic uncertainties facing virtually every professional sports team, every player and, of course, each and every fan undoubtedly will have a trickle-down effect during baseball's offseason."

He goes on to say that teams are expected to be "more cautious, if not conservative, in locking up those not considered superstars," as they cut spending in anticipation of depressed attendance and advertising revenue.

But 2008 revenue hit a record high and some commentators, including agent Scott Boras, who is of course biased, say that baseball may well prove to be recession-proof. But I'm not so sure. It may be that attendance and consumer interest in the game will remain robust, but leading sponsors, especially in the financial industry, may be less aggressive with their marketing dollars. The PGA Tour is certainly seeing that effect already.

It looks like it could be a blue Christmas for Manny Ramirez.

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.

Yesterday, during the Boston Red Sox' sweep of the upstart and exciting Colorado Rockies, crybaby extraordinaire Alex Rodriguez decided it was "the time" to announce he was opting out of his contract with the New York Yankees and filing for free agency. He had to make a decision within 10 days after the World Series ended, not within 10 minutes of the start of Game 4.

What a selfish, self-centered you-know-what. This guy is a total and complete goofball. Sure his stats are fearsome, but he has never won at any level a championship. He had great numbers on flailing Seattle Mariner and Texas Ranger teams, but both rarely played .500 ball. After four seasons with the Yankees, Mr. No-October has taken the chicken's way out. The attempt to upstage the Red Sox and Rockies should not be forgiven nor forgotten by the baseball brethren.

This guy comes to New York and played next to Derek Jeter -- a real ball player. Jeter will never hit the home runs that A-Rod does -- Jeter has 195 career home runs in 12 seasons, compared to Rodriguez's 500 and some. But Jeter has won more games than A-Rod ever will. Derek Jeter may be one of the most clutch players and hitters to ever play the game. Jeter may go 0-4 in a game but make a diving stop at shortstop to kill an opponent's rally. Jeter may get the stolen base at the right time to start a rally: Jeter will sacrifice himself and hit the ball to the right side to move a teammate. Bottom line, Jeter is the complete player. With him, it's all about team.

With A-Rod -- it's all about him. In the playoffs, Rodriguez has been a total and miserable failure. Jeter is clutch. In the playoffs, year-in and year-out, Derek Jeter is the toughest out. Rodriguez is 0-18 in the playoffs with runners in scoring position: the ultimate barometer.

The Boston Red Sox won the World Series last night, so what is the baseball world buzzing about today? In the same way that the antics of train wrecks like Britney Spears steal headlines away from others with worthy accomplishments, we are writing about the Yankees and their messy divorce from future Hall-of-Famer Alex Rodriguez. Yesterday, A-Rod's agent, Scott Boras, announced that the third-sacker would take his option to terminate his 10-year, $252 million contract early and put himself up for auction.

In the typical classy Yankee way, Steinbrenner the Lesser, Hank, took the opportunity to blast the player, telling the New York Daily News, "He doesn't understand the privilege of being a Yankee on a team where the owners are willing to pay $200 million to put a winning product on the field."

After years of being crucified by the New York press, fans and front office for failing to hit enough to overcome a minor-league starting rotation and a gaggle of overpaid, over-aged teammates, who wouldn't want out?

The question now is who will step forward to pay A-Rod more than his previous contract? No other team enjoys the Yankees' attendance or media income. Fortunately, we're not talking Wall Street, but baseball, and business economics are not its forte. Remember that A-Rod signed his huge contract with Texas, who, when they came back to their senses and realized they couldn't cover that salary, were forced to deal him to New York while agreeing still to cover part of his salary.

Boras, known as the superagent, is too shrewd to make such a move without confidence that a least a couple of teams will contend to sign the best player in baseball. The Chicago Cubs could use his talents, although last year's signing of Alfonso Soriano tied up a lot of Chicago's cash. The Cubs could also go on the block soon, as well, and a lot of debt might not help that.

Pitching, pitching, and more pitching. That's what teams sought most at Thursday's Major League Baseball draft at The Walt Disney Company (NYSE: DIS)'s Wide World of Sports in Orlando. Dreams do come true, especially if you're a southpaw.

Top pick David Price of Vanderbilt, selected by the almost hometown Tampa Bay Devil Rays, is sure to quickly reap the rewards of his talents, since he is represented by Scott Boras. That would be the same Scott Boras who helped Alex Rodriguez secure the largest contract in professional sports history, the 10-year $252 million deal he signed heading into the 2001 season with the Texas Rangers. Price was one of seven lefthanders selected by baseball's 30 teams in the first round of the draft.

Overall, 17 of the 30 were hurlers. Young baseball talent isn't surrounded with the level of hoopla that goes with college players heading for the National Football League or National Basketball Association drafts. But the money will still be there for those lucky enough to hear their names Thursday. Last year's top pick, pitcher Luke Hochevar, also a Boras client, signed with the Kansas City Royals for a reported $5.3 million plus a $3.5 million bonus. Two years ago, it was shortstop Justin Upton, taken with the top pick by Arizona. The Diamondbacks finally signed him to a deal that included a $6.1 million bonus payable over five years.

David Price is sure to garner similar dollars from the moribund Devil Rays, who dream about not finishing last in the American League East.