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Scott Boras Newsbeat

Sunday, April 13, 2014

Boras (via Heyman): Drew, Kendrys ‘damaged;’ MLB disagrees but will investigate

Scott Boras, the agent for top remaining free agents Kendrys Morales and Stephen Drew, came out swinging against the half dozen or so anonymous team executives and officials who negatively speculated in a recent article on the value of those two players. Boras says those unnamed executives and officials are breaking league rules in a recent article by suggesting low player values, issuing critical comments and ultimately hurting their markets.

Boras… said he intends to pursue a grievance, going so far as to urge the league to use subpoena power to unearth their identities…

Boras further says there needs to be a “remedy” for the two free agents, which could mean monetary damages or possibly relief from a two-year-old rule that cost them and a select few others free agents in the marketplace…

The CBA specifically disallows executives from publicly making comments that could deflate players’ markets, both sides agree. And MLB did recently sent out a memo reminding execs to abide by the rule, so the league isn’t suggesting the execs’ comments were appropriate….

In response to the players union statement earlier Friday calling for an investigation, MLB hinted in its statement that other reasons beyond the unnamed comments are likely behind the players’ current predicaments. However, an MLB official said the league accepted the union’s request to launch an investigation into the situation and will do so…

The players union backed Boras’ complaints and issued its own statement earlier Friday.

Union leader Tony Clark said in his statement, “I am angered that numerous baseball executives have blatantly and intentionally violated our collective bargaining agreement by offering to ESPN comments about free agent values of Stephen Drew and Kendrys Morales. These statements undermine the free agent rights of the players and depress the market values. Today, I have called upon the Commissioner’s office to investigate immediately and thoroughly the sources of these statements and to take appropriate action to enforce our agreement.”

Since CBS apparently doesn’t realize that the Internet works because different sites are willing to link to each other, here is the article in question (ESPN Insider).

The District Attorney Posted: April 13, 2014 at 05:25 PM | 28 comment(s)
  Beats: free agents, kendrys morales, legal, scott boras, stephen drew

Thursday, March 27, 2014

Boras Corp. Loses Grievance Claim Against Beltran

Hope Scott has socked some pocket change away for such hard times.

The Boras Corporation—the powerful agency led by Scott Boras—has lost a grievance action that it brought against recent Yankees signee Carlos Beltran, report Bob Nightengale and Jorge L. Ortiz of USA Today. Boras had sought $1.3MM in damages from Beltran for leaving his agency in October of 2011, prior to inking a two-year, $26MM contract with the Cardinals.

The ruling by arbitrator Shyam Das held that Boras could not enforce the following provision in his contract with Beltran:

“You understand and agree that we invest substantial resources, time and effort in preparation for free-agent contract negotiations and salary arbitration hearings. Therefore, you agree that if you terminate our agency authorization during or after a championship season, and before the following championship season you sign a free-agent or arbitration-eligible contract (whether single- or multi-year), you agree to pay us 5% of the entire contract regardless of who negotiates it on your behalf.”

eddieot Posted: March 27, 2014 at 10:25 AM | 45 comment(s)
  Beats: austin jackson, carlos beltran, robinson cano, scott boras, yankees

Saturday, March 15, 2014

Agent Scott Boras says Kendrys Morales, Stephen Drew willing to wait for long-term deals - ESPN

Until the CBA expires Boras has to deal with things as they are, not how he wants them to be. Drew *might* be able to get a decent contract in June. I can’t see how Morales can make up for the $14.1 million he passed up this year.

In the two years under the current landscape, all 22 players who have received qualifying offers have declined and decided to take their chances on the open market. Boras, an outspoken critic of the system, said that’s no surprise.

“I started preparing these guys in November for what I knew was going to happen,” Boras said. “Everybody talks about these players turning down these [one-year] qualifying offers like they’re village idiots. The reason is, they don’t want to be in the same position again next year. If I’m a good player, I’m going to take the prospect of free agency.

“If I’m one of these players, I’m not on the train to free agency—I’m on the Ferris wheel of multiple qualifying offers. It is circular. There is no escape hatch to the system.”


Saturday, November 16, 2013

WaPo | Nationals all-star Bryce Harper’s unique contract could lead to a grievance hearing

As the Washington Nationals seek to augment a roster core they believe is built for long-term success, an unusual and previously unreported aspect of outfielder Bryce Harper’s contract remains unresolved.


Saturday, November 09, 2013

Crasnick: The growing rivalry between Scott Boras and Jay-Z

Yeah, yeah, I’d love to know how you emphasize “in” in “in July”.

in July, [Scott Boras’] name appeared in a tune by rapper Shawn Carter, aka Jay Z. The song “Crown,” on the CD “Magna Carta Holy Grail,” includes the following lyric:

“Scott Boras, you over baby
“Robinson Cano, you coming with me.”

In April, Cano dropped a big one, revealing that he had left Boras and would be represented in his baseball dealings by Creative Artists Agency and in his off-field endeavors by Carter’s Roc Nation sports…

Jay Z… recently made news for hosting an elaborate birthday bash for Cano in Antwerp, Belgium, during which multiple bottles of Armand de Brignac Ace of Spades champagne were consumed. When Cano received a $33,900 watch as part of the festivities, it sent out alarm bells among other agents and the people at the players association who drew up the game’s agent regulations.

The glitz and glam notwithstanding, it would be a mistake to underestimate Jay Z’s vision or brilliance as a businessman…

“This guy is mega-wealthy and uber-successful,” said a prominent baseball agent who asked not to be named. “He’s probably negotiated his own deals with record executives who are more cut-throat than any GM of a baseball team. You want to talk about big business—that’s big business.

“This isn’t rocket science. The guys at CAA have put a ton of time into it and know every variable in every contract constructed. They have that template laid. Sure, there are certain nuances in negotiating in this environment, and Jay Z has none of them, but I don’t think he’s going to have any problem getting his phone calls returned.”

For baseball writers and club executives who might be wondering, Jay Z’s schedule appears to preclude him from attending MLB’s annual winter meetings in Orlando, Fla., in December. He’ll be in Los Angeles, Fresno and San Jose, Calif., on his “Magna Carta World Tour” that week, so the chances of him renting out a suite at the Walt Disney World Swan and Dolphin resort and making a surprise appearance with his wife, Beyonce, are remote…

Boras [client Matt] Holliday… spoke to ESPN.com at length about the impact that Boras has had on [his career], and tried to debunk certain widely held notions about Boras and his approach.

Misconception No. 1: It’s only about the money.

Holliday recalled an encounter with Boras during a trip to Los Angeles in late May. He was hitting a respectable .270 with six home runs, but felt out-of-sorts and uncomfortable with his swing and his approach. Boras arrived at dinner with notes from previous conversations with Holliday and reams of data that showed how Holliday fared when he expanded his strike zone and swung at balls off the inside corner of the plate. At heart, Boras is a baseball dweeb who loves to talk about “bat drag” and “swing planes” as much as franchise values and the ramifications of the luxury tax…

Cano’s upcoming deal has big ramifications for the Yankees, future marquee free agents and the men who negotiate their deals. If Jay Z hits paydirt, it could be a foothold to more Robinson Canos down the road. If Cano’s deal is light, he’ll have some proving to do within the industry.

Boras, meanwhile, is viewed in a whole new light by some of his players since the release of “Crown.”

“I called him and said, ‘You’re in a rap song?’ You finally made it,” Holliday said.

The District Attorney Posted: November 09, 2013 at 08:08 PM | 27 comment(s)
  Beats: agents, business, dead presidents, jay-z, robinson cano, scott boras

 

 

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