Thursday, July 12, 2007

Alex Rodriguez: The $30 Million Man

The New York Yankees are reportedly breaking their own team rule, and negotiating an in-season contract extension with Alex Rodriguez. As amazing as it may sound, Rodriguez may opt out of his current contract even though he has approximately three years and $81 million left on the 10-year, $252-million deal he signed with Texas before the 2001 season.

Wallace Matthews of Newsday argues that not only do the Yankees have little chance of renewing A-Rod's contract, they risk upsetting their longtime stars Mariano Rivera and Jorge Posada, with whom the Yankees will not discuss new contracts until the season is over.
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Joel Sherman of The New York Post claims that even if Rodriguez does not opt out of his contract after the season, stipulations exist in his current deal that guarantee Rodriguez's salary will climb to $32 million the 2009 and 2010 seasons.

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