Skip to main content

Posts

Showing posts with the label warren Buffet

A-Rod, Yankees and Warren Buffet

I'm very pleased about the outcome of the A-Rod - Yankees drama. In the end, I think the Yankees handled the situation well and Alex, after seeking wise counsel from tycoon Warren Buffet, decided to reign in his agent Scott Boras. The Yankees are the right fit for A-Rod, and visa-versa. As to the $275 million contract I have two reactions. My inner progressive says that it's somewhat sick that we would be willing to pay someone $27 million dollars a year to hit a white ball. How many lives could be saved with that money? However, my inner capitalist (and Yankee fan) says that business is business and the free market has the right to place value where it wants. In the end it's interesting drama and great for the Yankees and A-Rod. I guess there still is 'safety in a multitude of counselors'. Mike Lupica from the New York Daily News reports: Warren Buffet to A-Rod: Dial Yankees Alex Rodriguez did not just talk to friends in Miami about coming back to the Yankees. And...