Comments on: The Pirates Got Boras’ed http://www.sportsagentblog.com/2008/08/28/the-pirates-got-borased/ Sports Business, Sports Law, Sports Negotiations, NCAA Rules Thu, 01 Dec 2011 15:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Francis Santoianni http://www.sportsagentblog.com/2008/08/28/the-pirates-got-borased/#comment-91487 Francis Santoianni Fri, 29 Aug 2008 19:01:03 +0000 http://www.sportsagentblog.com/?p=2096#comment-91487 Although I agree that deadlines are to be respected when negotiating contracts, It is always important to consider the spirit of the law, and not just the letter of the law. There have have been many instances in my career when I was able to conclude an agreement long after a prescribed deadline. So long as all the parties to the contract benefit there should be no problem. In fact I would venture to say that a bit of flexibility is actually a good thing as it lends itself to a more congenial atmosphere in which to do a deal. Keep up the good work! Although I agree that deadlines are to be respected when negotiating contracts, It is always important to consider the spirit of the law, and not just the letter of the law. There have have been many instances in my career when I was able to conclude an agreement long after a prescribed deadline. So long as all the parties to the contract benefit there should be no problem. In fact I would venture to say that a bit of flexibility is actually a good thing as it lends itself to a more congenial atmosphere in which to do a deal.

Keep up the good work!

]]> By: Darren Heitner http://www.sportsagentblog.com/2008/08/28/the-pirates-got-borased/#comment-91482 Darren Heitner Fri, 29 Aug 2008 17:17:28 +0000 http://www.sportsagentblog.com/?p=2096#comment-91482 I don't see any other explanation for why Boras would go to the MLBPA to have them file a grievance other than the fact that upon further reflection, and perhaps complaints headed his way, the $6 million was no longer sufficient. As an agent, there are many things to take away from this situation. The signing deadline is obviously something that must for now on be taken very seriously. Agents will probably not wait until 11:59pm to have their players signed...now they'll get it done at 11:45pm. Additionally, look at the bridges collapsing for Boras. The Pirates are disgusted with the guy right now. Reputation management is very important in this business. Boras may have gotten to big for his own good. An agent has a fiduciary duty to ALL of his clients, not just Hosmer, not just Alvarez. I don’t see any other explanation for why Boras would go to the MLBPA to have them file a grievance other than the fact that upon further reflection, and perhaps complaints headed his way, the $6 million was no longer sufficient. As an agent, there are many things to take away from this situation. The signing deadline is obviously something that must for now on be taken very seriously. Agents will probably not wait until 11:59pm to have their players signed…now they’ll get it done at 11:45pm. Additionally, look at the bridges collapsing for Boras. The Pirates are disgusted with the guy right now. Reputation management is very important in this business. Boras may have gotten to big for his own good. An agent has a fiduciary duty to ALL of his clients, not just Hosmer, not just Alvarez.

]]> By: gunther peterson http://www.sportsagentblog.com/2008/08/28/the-pirates-got-borased/#comment-91480 gunther peterson Fri, 29 Aug 2008 17:12:21 +0000 http://www.sportsagentblog.com/?p=2096#comment-91480 Great post. Thanks. You tied in some of your legal knowledge about contracts, which helped me understand this situation. I thought an interesting idea was that the MLB office got Hosmer's deal in after Alvarazes', so if he is making this claim for Pedro then Hosmer's deal might be voidable. Isn't Boras just a little upset that he didn't get his guy as much as he probably told the family...cost the player some valuable playing time. As an agent, what lessons do you learn? Great post. Thanks. You tied in some of your legal knowledge about contracts, which helped me understand this situation. I thought an interesting idea was that the MLB office got Hosmer’s deal in after Alvarazes’, so if he is making this claim for Pedro then Hosmer’s deal might be voidable. Isn’t Boras just a little upset that he didn’t get his guy as much as he probably told the family…cost the player some valuable playing time. As an agent, what lessons do you learn?

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