wait, i'm not suggesting they should bring suit!! i'm saying that the elements add up. damages would be super difficult for the Astros to quantify...pretty easy for the Rangers to quantify, though. the Astros would be left with very speculative damages, making assumptions about other opportunities they missed out on, etc.... but even the author, as best i can tell, isn't suggesting anyone bring suit here. he ultimatly says boras will likey never be held accountable.
I agree with you that Boras is a big fat liar. Is that the point of the article? Surely, though, the Stros didn't rely on his representations. I'm pretty sure we all knew he was making crap up, I'm positive Drayton wasn't stupid enough to believe him. Material misrepresentation, with knowledge of the falsity? Check. For the purpose of inducing someone to act in reliance on that representation? Definitely. Actual reliance? Doubtful. Damages? Hard to prove any. I'm just surprised a former Sup Ct staff attorney wrote this, I'm guessing few of their opinions in the past decade have taken such a plaintiff-friendly view of the law.
yeah!! i'm guessing that, too! he tried to make the point about the ethical rules, which would have been a pretty good one had Boras been licensed in Texas!
Dudes, oh dudes ... Not sure if this was posted or not, but the details of the Belran contract are out. CHECK IT! It's quite insane! HOLY CRAP! Mets to pay Beltran through 2018 By RONALD BLUM, AP Sports Writer January 17, 2005 AP - Jan 12, 4:55 pm EST More Photos NEW YORK (AP ) -- The New York Mets signed Carlos Beltran to play center field for the next seven years. They'll be paying him for the next 14. New York will not make the final payment on Beltran's $119 million contract until July 1, 2018, according to details of the agreement that were obtained by The Associated Press. Beltran's deal contains $22 million in deferred salary that will be paid out in the seven years after the contract expires. He will be 41 by the time he receives all the money, which will be paid each July 1 starting in 2012 in yearly installments of $3,142,857 plus interest that will accrue at the rate of 1.7175 percent annually. Like Pedro Martinez, who signed with the Mets in December, Beltran will get an array of perks as part of the contract, including a hotel suite on all road trips and a 15-person luxury suite for all home games, although he must buy tickets for the suite for any postseason games. In the most unusual clause of the deal, the Mets agreed to lease for Beltran an ocular enhancer machine, a device that throws colored, numbered tennis balls to batters at 150 mph or faster. New York also agreed not to offer salary arbitration at the end of the contract, meaning the Mets must decide whether to re-sign him by Dec. 7, 2011. Offering arbitration extends the deadline for re-signing until the following Jan. 8. Beltran's contract calls for his $11 million signing bonus to be paid in four installments: $5 million upon approval and $2 million each this June 15, and on Jan. 15, 2006, and Jan. 15, 2007. He gets a $10 million salary this year, $12 million in each of the following two seasons and $18.5 million in each of the final four seasons, with $8.5 million deferred annually from 2008-11. The players' association calculated the present-day value of the contract at $115,726,946, using a 6 percent discount rate (the prime rate plus 1 percent, rounded to the nearest whole number). For purposes of baseball's luxury tax, which currently uses a 3.62 percent discount rate, the contract is valued at $116,695,898.
yah, this was posted 1 page before this one. Pretty rediculous amount of money. What good is a 15 person suite gonna do with 1 person? Truly is an example of the rich getting richer. He gets paid until 2018. That means if he gets a career ending injury next season, he will be getting paychecks every june for the next 13 years. What a life. (not to mention the interests on the deferred money as well.)
...THAT... is just a crazy amount of money. Personally, I could never understand how a person making that kind of money could get along with his teammates. A contract like that... he better post Bonds-like numbers, or the team could never win unless they spend Yankee/RedSox-like amounts of money. Don't get me wrong, I have never cheered a player more in Astros history than during Beltran's run in the playoffs. It's not just about the HRs either, the catches he made and the speed he displayed around the bases and the outfield is unbelievable. He "seemingly" had an Astros mentality as he was hit by Tavarez during the playoffs. He never rushed the mound even though that pitch seemingly has every intention to do what it did. Basically, he's no Ron Artest. On the other hand, Beltran's contract is what it is because of his infamous run during the Postseason. I could not possibly believe that he didn't know what his agent would do to this Astros organization. The "Beltran was held hostage" takes are almost definitely overreactions. For that, I believe Beltran made a selfish move that COULD destroy a franchise for a few upcoming years, kill any chance of Bagwell/ Biggio ever winning it all, and maybe ultimately, retire one of the greatest pitchers in baseball. Then again, Beltran might as well be royalty in the Mets organization with that kind of contract... at least until he goes through the "I just signed a big contract" slump that most MLB players go through. The Astros saw a bit of that slump, but Houston fans are Houston fans. I sincerely doubt that the NY Fans will be that forgiving. At any rate, I doubt I'll cheer for him when he visits Houston (mid July, is it?), but part of life in baseball or in general is to move on. I do believe the Astros might be better off moving on and spending the money elsewhere: just imagine paying Beltran for the next 14 years. After his 7 years, all the Mets fans will talk about in their own forums or amongst their baseball fan friends will be the money that they still owe Beltran for his 7 year (if that many) stay.
Even if the Mets do someday trade Beltran, there is no chance in hell that they will be able to get from under his contract. Any team that deals with the Mets will most likely force them to pay those deferred years. That would actually be worse than the whole Matt Maloney contract. Imagine signing a check for a player that was traded from your team 10 years ago and has since retired.
The more I think about it and the more I hear about the money going to Beltran, I'm almost glad we didn't sign him. I just have this feeling that his contract will be an albatross in the upcoming years. Numbers wise, there are a ton of players out there that are better, including our own Berkman who will probably not make near the amount of money. I know a CF with his skills in the field is extremely valuable, I'm not sure its as valuable as he is getting paid. It just seems like there will be many more opportunities in the upcoming years to get FAs or young players that are almost as good at half the price or better. I've always liked the way the Astros have had their 3-4 core players and have inserted good, stable players around them to be extremely competitive. They might catch lightning in a bottle with Lane or Burke and one or both of them might join the core of Berkman and Oswalt for the future. Insert some crafty, consistent veterans around them, a couple of good utility guys, a strong pitching staff...and you have yourself a contender. Imagine how good of a pitching staff you could put together in the coming years for the amount of money that Beltran got. 5 solid starters, a solid bullpen and an ace closer can be locked up every year with the Beltran money...and that will keep you competitive much longer than one stud batter who may or may not hit .265.
Man watching this video just makes me sick to my stomach. sorry if its been posted. Carlos on MVP 2005
Beltran screwed us twice - '05 and '17. He's providing more leadership than production currently. Maybe he performs in the playoffs.
Quite the necrobump. Interesting to see my viewpoints over 10 years ago... back before twitter and designed media-leaks have become so common-place. Newspapers were still a thing back then... still very important as far as being THE news source, and influencing public perceptions.
