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.

Recent MLB Discussions

MLB PLAYS FOR SAT. THE 28TH on Sat, May 2016 by Timmy1961
MLB Trends Saturday, May 28 on Sat, May 2016 by Blade
ADDITIONAL MLB PLAYS FOR FRI. THE 27 TH on Fri, May 2016 by Timmy1961
First Set of mlb Plays for fri.the 27th on Fri, May 2016 by Timmy1961

MLB Top Stories

Thumbnail Dodgers vs. Mets Prediction Will their Mets pick up their third consecutive win when they host the Dodgers tonight at 7:15PM ET?
Thumbnail Twins vs. Mariners Free Pick The Seattle Mariners hope to slow down a slightly surging Minnesota Twins tonight when they face off at 10:10PM...
Thumbnail Astros vs. Angels Pick With two struggling aces on the mound, who will prevail as the Los Angeles Angels host the Houston Astros tonight at...
Thumbnail Will Yankees' Pineda have Rays' number? The Bronx Bombers are on an absolute tear away from Yankee Stadium, and they’re excited to have Alex Rodriguez back in the saddle.
Thumbnail Who takes Reds-Brewers division clash? Cincinnati’s in the midst of an epic losing streak. That means Milwaukee assumes a completely foreign role: favorite.
More inMLB Articles  

MLB Team Pages