dimanche 18 novembre 2007

Baseball : sorry, I do not get it.

Alex Rodriguez had the option to forfeit the last three years on his Yankee contract.

He greedily seized it, pushed, it seems, by his power agent, Scott Boras, whose ego seems to humble even his clients'.

As a free agent, Alex Rodriguez, Boras said, would have satisfied himself with a 350$ million contract; he did not even care to mention for how many years...

The last three years of Alex Rodriguez's contract with the Yankees would have earned him a pityful 81$ million, 21 of them paid by his former team, the Texas Rangers.

It now appears Alex Rodriguez has resigned -or is about to resign- with the Yankees, for ten years and 270$ million.

If we are not mistaken, this means 27$ million per year or 81$ million for three years, with the only -slight- difference that the Texas Rangers shall no longer defray 21 of the 81$ million.

Alex Rodriguez is not to make more money (in fact, he will do less, as the contract extends over ten years; what may a US dollar be worth in 2017? will the currency even still exist); the Yankees lose the Texas Rangers' subsidy.

So, what's the point ?

Some petty minds suggest Scott Boras messed up and badly overestimated how much his client could fetch on the market.

I know better. A power agent cannot mess up. The Texas Rangers save 21$ million. Petty change, I know. Still, they might be glad to give a little of that petty change -30%? 40%?- to good Mr Boras for his charities.

(P.M.)

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