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The Steinbrenner family addresses newspaper rumors the Yankees are up for sale. CNBC's Darren Rovell reports.

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Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Boras Back In Game: Talking To Yankees For A-Rod

Published: Thursday, 15 Nov 2007 | 1:12 PM ET

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By: Darren Rovell
Sports Business Reporter

Scott Boras
I'm sure many of you were left with the impression that because A-Rod had a meeting with the Yankees without Scott Boras yesterday, that a deal would be done with the Yankees with Boras on the sidelines.

But I just got off the phone with Boras and he insisted that he is still representing Alex Rodriguez and he is still representing Rodriguez in what is now the discussions with the Yankees. (Boras wouldn't say if his job is to just negotiate exclusively with the Yankees now.)

"Alex and Cynthia visited the Steinbrenners and Yankees officials and following that, instructed me to discuss contract terms with the Yankees," Boras said.

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