Report: Scott Boras ‘Raises Concerns’ After Loaning Money to Dominican Players, Families

by abournenesn

Nov 23, 2010

Scott Boras is in some hot water, and there aren't many out there willing to throw him a life line.

According to the New York Time's Michael S. Schmidt, Boras loaned "tens of thousands of dollars" to the families of underage prospects in the Dominican Republic, which breaks MLBPA rules.

The report indicates that the super-agent even loaned $70,000 to the family of eventual Atlanta Braves shortstop prospect Edward Salcedo, who was just 15-years-old at the time. This money, according to Salcedo, his brother and a former Boras employee, Martiris Hanley, was loaned to the Salcedo family over a three-year span to help pay for food, rent and other necessities, including Salcedo's brother's college tuition.

However, when Salcedo hired a new Dominican trainer, a Boras employee called the family demanding that they return the loan.

In a written statement, a spokesman for Major League Baseball said, "This is a serious issue that raises concerns about the business practices of agents who have played a prominent role in the game."

Salcedo received a $1.6 million contract from the Atlanta Braves last February. The 19-year-old infielder struggled in 54 games this season for Single-A Rome in Georgia.

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