Font Size

U.S. & World

E-mail

Close Window E-mail This Page

Pay-Rod: $275M Keeps MVP Rodriguez In Bronx

Required fields are marked with an asterisk(*)

Recipient E-mail:*
- Your Name:*
- Your E-mail:*
Add a Message:
Send me a copy of this e-mail.

Type the characters in this picture:*

Click here to refresh with new letters

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

Print Share + Comments

Dec 13, 2007 10:00 am US/Eastern

Pay-Rod: $275M Keeps MVP Rodriguez In Bronx

NEW YORK (AP) ―

Click to enlarge 1 of 1: Alex Rodriguez won his third AL Most Valuable Player award last month after hitting .314 with 54 homers and 156 RBIs.
Elsa/Getty Images

Close

numSlides of totalImages

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.

Yankees senior vice president Hank Steinbrenner said New York would not negotiate further with Rodriguez because his decision eliminated the $21.3 million subsidy the Yankees were to receive from Texas from 2008-10, a figure negotiated at the time of the trade.

But Rodriguez then approached the Yankees through a managing director at Goldman Sachs and negotiated his new deal without agent Scott Boras.

Rodriguez won his third AL Most Valuable Player award last month after hitting .314 with 54 homers and 156 RBIs.