We seemed to have missed first rounder Grant Green (#13 Oak) in our tally below. Green signed at the deadline for $2.75m. That brings the total to $36,675,000 for Boras' first rounders this year - and that is guaranteed money only. 5% of that comes in below $2m, which, to be honest, is an underwhelming figure. I cant imagine what goes in to signing these guys - the traveling, the courting.. Must be a painful and expensive process. Add in overhead and salaries.. whooda thunk it is a low-margin business?
The USA Today put together an interesting profile of the frenzy leading up to the deadline signings, which as it turns out seems like it was far more calm the frenzied. An interesting nugget:
"When we started our negotiations, we started in the low 20s over a longer period of years. We never, ever approached anything like $50 million-some dollars. I think people thought that because I had mentioned foreign players, and we represent Dice-K [Daisuke Matsusaka of the Boston Red Sox.]."
The big payday for Boras comes when they become superstars and sign their big contracts. All he needs is for one of them to turn into Vernon Wells and then he makes 7 or 8 million off just one contract. That contract is probably also easier than these also.
Posted by: David G | August 18, 2009 at 06:10 PM