Today’s guest columnist is Chris Koras, partner and head of sports at Working Capital Partners.
In December 2022, I flew to the Dominican Republic to break a year-long contract stalemate. Our firm represented Rafael Devers. The Boston Red Sox had sent ownership and front-office executives to settle the negotiation directly with the player, hoping relationship leverage would carry the economics. It moved nothing.
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We ended the negotiation in writing. Devers would play the season and enter free agency. Days later, facing the credible threat of losing a third consecutive star on the eve of ticket sales opening, Boston moved…
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