Scott Boras Reveals He's Gone the Extra Mile for His Employees During 2020 MLB Shutdown
Scott Boras had made a name, and a fortune, for himself by representing the top stars in Major League Baseball. He is known for getting his players historic contracts, and that means some insane commission comes back to him and his employees year after year.
The MLB shutdown has affected not just the teams and their employees, but also agents and those who rely on them. Luckily, Boras shared on Sunday how some foresight has resulted in his Boras Corporation employees keeping on as normal during the shutdown.
The Scott Boras Corporation has had no furloughs or pay cuts to this point among its 120 employees, Boras said. He says he learned from the 1994-95 work stoppage to prepare for revenue-less times. Says “stability” and “loyalty” are key.
— Jon Heyman (@JonHeyman) May 17, 2020
He must be sitting on a nice pile of money to be able to keep paying 120 employees with no pay cuts.
Seeing some of his contracts, including the most recent one he nabbed for Gerrit Cole, helps explain why he is able to set aside money for such a situation.
Monday: Stephen Strasburg gets $245 million from the Nationals.
— Jeff Passan (@JeffPassan) December 12, 2019
Tuesday: Gerrit Cole gets $324 million from the Yankees.
Wednesday: Anthony Rendon gets $245 million from the Angels.
Over three days, Scott Boras negotiated $814 million worth of deals.
Employees around the country may now be striving to work for someone like Boras. He has managed his money wisely and learned lessons from MLB's last devastating shutdown, and that has paid off for everyone working for him. Being bullish and pushing for record deals has paid off for more than just the man himself and his band of MLB stars.