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Interesting details in CBelts contract


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I thought this was funny too...

 

Did Beltran's Agent Play Fair with Astros?

 

....In the last few weeks, Boras repeatedly told media outlets, and apparently the Astros, that he had five Beltran offers for at least $100 million. In fact, the Chronicle, ESPN and others have confirmed that only the Astros and Mets ever bid as much, and the Mets at the point of Boras' first utterance of this claim had apparently not even made their initial offer. These reports state that the Cubs topped out at $80 million and the other rumored teams — the Detroit Tigers, Seattle Mariners, New York Yankees and Baltimore Orioles — never entered the bidding.

 

If these reports are accurate, Boras arguably acted unethically in both instances. An attorney, Boras is subject to the ethical rules governing lawyers, even though his work involves negotiating deals, not appearing in court. The Texas Rules of Disciplinary Conduct, Rule 4.01 titled "Truthfulness to Others" states, in part, "In the course of representing a client, a lawyer shall not knowingly make a false statement of material fact to a third person."

 

If indeed Boras misrepresented his clients' offers to other teams and the media, it is hard to imagine he did so unknowingly, since as Rodriguez and Beltran's sole agent, he would necessarily know what offers they had and had not received. Although violating this rule could be grounds for disbarment in Texas, Boras is a member of the California Bar, where no such rule exists, meaning all the Texas Bar could do is deny him admission should he seek to practice here. ...

 

...Baseball executives are particularly vulnerable to being misled about the extent of other offers because they could be charged with collusion if they attempt to contemporaneously contact their counterparts to verify them. Remarkably, Boras' credibility is so low that some teams refuse to negotiate with him. Thus, Boras' best defense to a fraud claim might be that baseball executives know they cannot rely on the veracity of his statements.

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He may get disciplined for his actions, but its really a non-issue.

 

I mean how many people know that Clinton was prohibited from practicing law for 2 years for lieing under oath?

 

I mean even a censure for Boras is pretty unimportant, as he does not really practice law, and he really does not even need his license.

 

Probably just keeps it for prestigious reasons.

 

SB

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