Skip to main content

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 he did not just talk to a few Wall Street guys as he began the process of getting a better deal for himself than his agent, Scott Boras, was ever going to get him anywhere else.

A-Rod even talked to Warren Buffett.

It's exactly as we started to tell you Friday: Last week the once and future Yankee third baseman made a phone call to Buffett at the billionaire investor's Berkshire Hathaway office in Omaha, the two of them having struck up a friendly relationship over the past couple of years. A-Rod explained to Buffett how distressed he was at the way things had ended for him with the Yankees. He talked about how his own free agency - and really, his own agent - had somehow gotten out in front of him.

And Buffett, who makes Scott Boras look like a bellhop when it comes it business, told him to do exactly what he ended up doing - call the Yankees himself.

There was nothing earth-shattering about what Buffett told him, which is that he better get on the phone himself with the Steinbrenners and do it fast. But maybe Warren Buffett, sitting out there in Omaha, a genius of business and common sense and even a great card player - bridge - had figured out something by then that A-Rod's agent should have figured out from the jump:

That the New York Yankees were always going to make the best offer to this player, even when they were bidding against themselves.
Labels:

Comments

  1. sjoh1:40 PM

    http://www.chowdaheadz.com/arod-wears-lipstick-new-york.html

    ReplyDelete

Post a Comment

Popular posts from this blog

YWAMers Praised for Faith and Leadership

The Denver Post reports on the memorial service at the Denver YWAM base: "We're going to celebrate a life, we're not accentuating a death," said Faith Bible Chapel pastor George Morrison, in opening a memorial service today for two people killed at a missionary training school in Arvada . The service is called "A Celebration of Life for Tiffany and Philip." Philip Crouse and Tiffany Johnson died Sunday when a gunman opened fire at the school's dormitory. Youth With a Mission director Peter Warren said today both Crouse and Johnson embodied the spirit of the group. First the service focused on Crouse . "Phil gave his life to Jesus Christ and was never the same again," said Zach, a friend of Johnson's who met him years ago at a youth ministry in Alaska. At the time, Crouse was tough and wouldn't let people get close to him. "Over the years, Phil became a humble, teachable, sweet guy" who was able to reach kids with rough e
Post a Comment
Read more

Non Profit Payday Loans?

Here's a recent New York Times article sent to me from Katie at NCHM on payday lending. I know that the NCUD / CTCU-EPA partnership is going to have to create the right program addressing the needs for short term lending for low income families. We don't have the answers yet, but it's definitely on our radar. APPLETON, Wis. — This city of 70,000 has five McDonald’s franchises, three Pizza Huts, four Starbucks shops — and 19 payday loan stores, brightly lighted storefronts with names like EZ Money and Check Into Cash that offer two-week loans without credit checks. Peggy Truckey, 53, knows the allure. Last year she owed nearly $1,300 to four of those stores, and was paying about $600 a month in finance fees alone. “I thought I was going to have to take a second job just to pay off the interest,” Ms. Truckey said. Then she heard about a new nonprofit program operated out of a Goodwill thrift store, one of several hundred lower-cost payday loan products that are now bein
7 comments
Read more

Samuel Liotti TV Interview about Obama's Nomination

Check this out this link! Samuel, his best friend Malik and other students at East Palo Alto Academy were interviewed on TV  where they were asked about their views on Obama.  The students has some interesting and revealing comments. With all the politics, it may be easy for some to overlook the significance and importance of the first truly viable African-American candidate for president. Obama's nomination to especially many young people in our community speaks volumes about who they are and what they can become. This is an exciting and important time in our history.  Please join me in praying for both our candidates, but especially Obama. I've felt impressed that I should pray specifically for his safety during the next months.  Follow the link and check out the interview! What about you? How significant do you feel is Obama's nomination?
4 comments
Read more