Below The Beltway

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Yankees Fans May Owe Warren Buffett A Big Thank You

by @ 4:28 pm on November 17, 2007.

It appears that the Oracle Of Omaha may have been the one who convinced Alex Rodriguez to bypass his agent and talk to the Yankees directly:

NEW YORK (AP) — Warren Buffett advised Alex Rodriguez to approach the New York Yankees and go around agent Scott Boras, The Wall Street Journal reported Saturday.

The newspaper cited a person familiar with the matter, whom it did not identify.

“A-Rod really loves being a Yankee,” Buffett was quoted as saying. He wouldn’t comment on the substance of any discussions with the player.

The two became friends several years ago.

Rodriguez, on Boras’ advice, opted out of the final three seasons of his record $252 million, 10-year contract on Oct. 28. The Yankees had said many times that if he opted out, they wouldn’t negotiate because they would lose $21.3 million from Texas for the final three seasons that was agreed to at the time of the 2004 trade, money to offset the $72 million New York owed from 2008-10.

Upset with developments after he opted out, Rodriguez contacted Buffett, and the investor told him to approach the Yankees without his agent, the Journal said.

Not exactly a ringing endorsement of Scott Boras I would say.

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One Response to “Yankees Fans May Owe Warren Buffett A Big Thank You”

  1. Riley Says:

    Boras is a jerk. That said, I think Buffett is a jerk, too, but on policy grounds.

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