Jered Weaver

by blee1134 on Mar 3, 2005 10:18 AM EST

from rotoworld:

The Angels gave first-round pick Jered Weaver until midnight Wednesday to accept their offer of a $4 million signing bonus, but Weaver turned it down.
A source close to the Angels said that any offer the team makes in the future would be lower. Weaver has until June 7 to sign or he will re-enter the draft and the Angels will lose his rights. Mar. 3 - 8:42 am et
Source: Los Angeles Times

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ugh

Sign dammit....

Is his agent Scott Boras?

by Maverick @ Minor League Ball on Mar 3, 2005 1:40 PM EST reply actions

Agent $$$

Yep. His agent is Boras. He was orginally asking for $10M and the Angels were around $5M.

by alskntwnsfn on Mar 3, 2005 2:27 PM EST reply actions

Boras

I just don't understand this guy. For someone who is obviously very intelligent, and someone who repeatedly states that his job is to maximize the earnings and well-being of his clients (which really can't be argued with), he seems to do a LOT of things that are counterproductive to the welfare of his clients.

Take this case as an example. If Weaver holds out (on Boras's advice) and re-enters the draft, he not only risks injury, but loses a year off of a career that is relatively short, even for the greatest athletes. It seems reasonable to assume that most players make more money later in their careers (after attaining free agent status especially), so essentially, Weaver/Boras are gambling that the $2 million or so they are off by in the near term - spread over whatever the length of the offer is - is more than Weaver could be making at the end of his career. This seems fallacious to me.

It really bothers me when agents in general claim to have the best interests of their clients at heart, but ultimately look only at the dollar sign, disregarding nearly everything else - and even then make really stupid decisions based on short term greed (anyone remember Matt Harrington?).

Okay, I feel better now, just had to get that out. :)

by fargocraig1971 on Mar 3, 2005 3:30 PM EST reply actions

some of it...

some of it is that these guys want an immediate nest egg incase they have some freak career ending injury early on. Whether it be on the job, or off (like the Bulls draftee a few years Jason Williams?).

But with guys who have multi-millionaire brothers (weaver,drew) I would think thats less important. Why lose a year if your from a rich family?

Lastly, Boras sucks!

[Family Guy] Chris: What's a library, dad? Peter: Oh, it's just a place where homeless people come to shave and go BM.

by natsfan2005 @ Minor League Ball on Mar 3, 2005 3:36 PM EST reply actions

Wasted year

If Weaver gets re-drafted and signs this summer w/ another team, I don't really see at as a wasted year by Bor-ass. Even if Weaver used another agent, I don't think anyone would have expected him to sign in time to play last year anyway. Many of the high 1st rounders are that way. They sign in the winter or spring.

by slurve on Mar 3, 2005 5:55 PM EST reply actions

ah, but....

understood, but do you actually think the next team that drafts him is likely to sign him immediately after the draft for 7.5 or more? In all likelihood he'll miss atleast another summer.

[Family Guy] Chris: What's a library, dad? Peter: Oh, it's just a place where homeless people come to shave and go BM.

by natsfan2005 @ Minor League Ball on Mar 3, 2005 5:59 PM EST up reply actions

If...

Bor-ass drags it out again, then he wasted a year. I think he'll be looking to get his kid signed asap in a re-draft situation. I think Bor-ass knows that is exactly what he can't have. In fact, I think Boras doesn't want anything to do with a re-draft and the Angels will end up signing him.

by slurve on Mar 3, 2005 6:36 PM EST reply actions

From the Angels Site:

It appears the Angels have dropped out of the running to sign this kid. They admit that he will be a good pitcher in the bigs, just not for them at this time. He was rated as the pitcher closest to the majors in the 2004 draft and has been compared to Mark Prior in his ability.
Too bad the Angels and Weaver couldn't bridge the $3M gap in their offers, but the Angels said they made him the best offer they could -- and he left it.

Luther

by luthanham on Mar 4, 2005 2:08 AM EST reply actions