Quote:
Originally Posted by myasu
It is interesting...
It actually shows how naive the whole baseball world was, business-wise, before he came in.
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I don't think it shows the baseball world was naive. Detroit Tigers aren't exactly the loser here.
Tigers got a top five talent with a very low pick, and the bargain pick-wise is compensated contract-wise. Overall the investment is balanced out. It shows market efficiency. It would actually reflect badly on the baseball world if Porcello didn't get a big contract.
Another thing of note is that Boras in generally is simply a risk seeker. His strategies generally involve higher risks, therefore higher return. Quite often his clients actually got burnt.
Some of his strategies:
1. Ask free agent clients getting off bad years to sign one-year deals to re-establish market value instead of settling for safer and longer contracts. It's great when it works, and horrible when it doesn't.
2. Delay the signing process of draft picks to gain leverage. When it works, he got bigger contracts. When it doesn't, the client would get a delayed entry into the league, therefore losing out big both career-wise and money-wise.
Most people are risk-averse, therefore don't do as many flashy things Boras did. Boras got to play with risks, because he's like hedge fund managers who got more to play with.