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Scott Boras has some thoughts on sports betting

AND THEY’RE OFF! Bettors wait to make wagers at the Borgata casino in Atlantic City, N.J. on Thursday, hours after it began accepting sports bets. “The next purchaser of a team will be asked to pay for the benefits of wagering that are forthcoming to that league,” he said. “The expectation of MLB’s staunch involvement in the gaming rules of each state and the legislature, and how actively they’ve been at the forefront of this and what they’ve advocated publicly — they fully expect to make billions of dollars annually from this. And therefore, any owner, when he goes to sell his franchise will include that benefit into his franchise value.” Boras sided with Dallas Mavericks owner Mark Cuban and his estimation that franchise values immediately doubled with the Supreme Court decision, based on all signs pointing to legislative bodies agreeing that the action — or content — producers need to be included in the revenue stream. “It’s certainly unfair for wagering institutions to pirate leagues’ benefits economically without having a legal and negotiated relationship with each league,” Boras said. If so, players will want to ensure that salaries reflect the change. As soon as the decision came out, the four pro unions issued a joint statement. It included a reminder that with benefits come costs, and ended with, “The athletes must also have a seat at the table to ensure that players’ rights and the integrity of our games are protected.” Baseball’s current CBA does not expire until 2021. MLBPA will want a seat at the table well before that rolls around. “The issue is now ripe,” said Boras. “When you’re looking at these things that are ripe and are necessary to negotiate, certainly if the wagering increases franchise values, merely on the basis of the rights, then obviously it increases the value of the doctrine of what people are looking at in the league.

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