It’s been a banner off-season for the Sosnick-Cobbe Sports representation firm. With two big extensions for some emerging stars in Jay Bruce and Ricky Nolasco and the (possible) extensions for Freddy Sanchez and Josh Willingham. Agent Matt Sosnick was kind enough to take a few questions from me via email.
IIATMS: Jay Bruce is clearly one of MLB’s rising young stars. What’s your thoughts on him locking up a multi-year deal now when he could very easily earn a great deal more through the arbitration process and into free agency? Who leads this process, you or the player?
- Matt Sosnick: When a player has ability that merits a multi-year deal, we sit down with him to discuss the pros and cons. The nature of these deals is that the player almost always leaves some money on the table in exchange for the security of a guarantee. Jay is a pretty conservative guy, so in his case he was able to get a guaranteed deal for more than he could ever spend, while still being young enough (30) when the deal expires to obtain one or two more big contracts. Ultimately it is the player’s decision. Our role is to inform him of what he would make if he went year-to-year, what the risks are, and how much we can get him on a multi-year so that he can make an educated decision.
IIATMS: You and your firm have been proponents of these pre-free agency extenstions. Do you recommend this course for all of your players?
- MS: Our general philosophy is that if a player can get an early multi-year contract that guarantees him enough money to be set for life, he needs to at least consider it. Baseball careers can be cut short in the blink of an eye, and most players understand that. It’s not so much a matter of what we recommend as a matter of presenting the player with his various options and letting him make an informed decision.
(click “view full post” to read more) Continue reading Catching up with Matt Sosnick