Report: Buffett advised A-Rod to go around Boras Print
Written by Admin   
Saturday, 17 November 2007 13:06
MLB Headline News

 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' advise, 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.
After speaking with the investor, Rodriguez contacted a managing director at Goldman Sachs that he knew, John Mallory, who then got in touch with Gerald Cardinale, a Goldman Sachs managing director who has worked with the Yankees and their YES Network.
With the assistance of the two Goldman executives, Rodriguez and the Yankees negotiated a $275 million, 10-year contract that is in the process of being finalized.
 

MLB Team Pages

Top MLB Public Bets

#1 910 Baltimore Orioles 76%
#2 904 San Francisco Giants 72%
#3 912 Kansas City Royals 71%
#4 918 Los Angeles Angels 68%
#5 907 New York Yankees 63%
#6 916 Houston Astros 63%
#7 901 Chicago Cubs 60%
#8 913 Cleveland Indians 58%
#9 906 New York Mets 57%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

MLB Futures

MLB TEAM WORLD SERIES ODDS CURRENT
LOS ANGELES DODGERS 11/2
OAKLAND ATHLETICS 11/2
WASHINGTON NATIONALS 13/2
LOS ANGELES ANGELS 7/1
BALTIMORE ORIOLES 15/2
DETROIT TIGERS 15/2
ST LOUIS CARDINALS 12/1
KANSAS CITY ROYALS 14/1
MILWAUKEE BREWERS 14/1
SAN FRANCISCO GIANTS 18/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com