A-Rod finalizes $275Million deal with Yankees
Posted by Media Outrage on December 13, 2007
Alex Rodriguez set another record for baseball’s highest contract, finalizing his $275 million, 10-year agreement with the New York Yankees on Thursday.
A-Rod set the previous mark with his $252 million, 10-year deal with Texas in December 2000. Traded to the Yankees in 2004, he opted out of that contract Oct. 28, during the final game of the World Series.
“Within two conversations we got a deal done,” Rodriguez recalled.
His new contract allows A-Rod to earn $30 million more for achieving historic milestones. He is 18th on the career list with 518 homers, 244 shy of Barry Bonds’ record.
Rodriguez receives salaries of $27 million next year, $32 million in 2009 and 2010, $31 million in 2011, $29 million in 2012, $28 million in 2013, $25 million in 2014, $21 million in 2015 and $20 million in each of the final two years.
His $32 million salaries in 2009 and 2010 will be the largest for one season in major league history.
Rodriguez could receive an additional $6 million each for five milestones that the team designates as historic achievements. They are contemplated to be tying the home run marks of Willie Mays (660), Babe Ruth (714), Hank Aaron (755) and Bonds, and breaking Bonds’ major league record.
ms Tammy said
For all that money his ass better show up in the post season, so the yankees can get another champion ship under their belts. Damn choaker.But he is fine as hell.