The N.Y. Times has reported that Boras’ company provided tens of thousands of dollars in loans and payments to poverty-stricken Dominican teenagers, which raises questions about whether he has attempted to exploit prospects by violating the rules of the MLB Players Association.
Financially exploiting prospects is a practice that is restricted by the union due to its potential to result in players becoming indentured. Sports law experts have revealed that penalties range from hefty fines to the revocation of an agent’s right to represent athletes.
Sports lawyer and partner at the Washington-based Williams & Connolly law firm, Mark S. Levinstein, told the N.Y. Times, “The money obligates them to the agent, gives the agent leverage, and coerces the athlete to do what the agent wants because of fear of foreclosure or other adverse consequences for the athlete or the athlete’s family.”
An MLB Players Union spokesman declined to reveal whether Boras’ company registered the loans and payments with the union.
A spokesman for MLB addressed the hot-button issue by issuing a statement that reads, “This is a serious issue that raises concerns about the business practices of agents who have played a prominent role in the game.”