The New York Daily News is all over the Alex Rodriguez story, today reporting that the Yankees plan to offer A-Rod an five-year, $140 million extension on top of the $81 million Rodriguez is already owned over the next three years: Industry sources believe the Yankees will offer a five-year extension to A-Rod's current contract at between $26 million and $30 million a year.Don't look now, but I actually believe this is a fair offer. Scott Boras probably feels differently, but if I'm A-Rod, and I can add $140-150 million to my contract and not have to deal with the stresses of the free agent market, I do it. Add in the personal benefit of not being called a carpetbagger or a choker or whatever other nasty little insults the New York media will hurl at Rodriguez if he leaves ... and I'd say the opportunity cost of not taking this extension is pretty high.
It appears the main point of contention between the Yankees and A-Rod's agent, Scott Boras, is the basis for valuing the contract extension. The Yankees apparently feel that basis should be the annual average value of A-Rod's current contract - $25 million. Boras contends that because Rodriguez will be earning more than $30 million in each of the final two years of the contract, $30 million per should be the starting point of a new deal.
For what it's worth, the New York Post is trying to render all of this moot, breaking their own story that the Yankees plan to sit pat until they meet with Rodriguez face to face, and that they won't touch the $30 million barrier that Boras seems to see as a given. So, as always, who knows?
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Reader Comments (Page 1 of 1)
10-28-2007 @ 12:44PM
Danny Goodyear said...
There is no way the Yankees open their new stadium without Arod. He will get 30 million plus. No way he doesn't!
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10-28-2007 @ 12:57PM
ken said...
a-ROD IS A PLAYOFF CANCER IF THE YANKEE'S SIGN HIM GOOD BYE WORLD SERIES FOR ANOTHER 10 YEARS
WHICH IS NOT A BAD THING CAUSE I HATE THE FRIGINN YANKEE'S BUY EVERY ALL STAR THEY CAN
LOOSE LOOSE LOOSE IN THE PLAYOFF'S WITH a ROD IT IS THE CASE SINCE HE HAS BEEN IN BASEBALL LMAO 30 MILLION A YEAR HE PLAYS WELL IN REG. SEASON PALYOFFS HE IS A JOKE
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10-28-2007 @ 1:08PM
TMAN said...
Overated !!!!!
Way Overated.
A waste of good Money.
Mr.Choke
Get some pitching.
His salary is a disgrace to the legends of old.
TMAN
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10-28-2007 @ 1:11PM
TOM said...
Overated!!!!!!!!
Way Overated.
MR. Choke.
Get some pitching.
He is a waste of good money.
This is an insult to the legends of Old.
The mik is rolling over.
TMan
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10-28-2007 @ 1:26PM
Thomas said...
If they give him the 30 million or so it will be a disgrace to the game for someone who is supposed to be the almighty ball player he sure knows how to show up for his team in playoffs ...Yankees let him go best thing for your team.
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10-28-2007 @ 1:38PM
RICH DEE said...
3. Overated !!!!!
Way Overated.
A waste of good Money.
Mr.Choke
Get some pitching.
His salary is a disgrace to the legends of old.
TMAN...............AMEN TO THIS, TMAN. THANK YOU
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10-28-2007 @ 1:39PM
RICHARD D said...
A ROD GOT TO GO, INVEST IN SOME YOUNGER TALENT, AND PITCHERS, THEN WE WILL WIN A W.S. AMEN
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10-28-2007 @ 2:08PM
mike m said...
a rod should welcome this offer and be quiet
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10-28-2007 @ 2:10PM
Hal said...
What a loser......and I'm not talking about A-rod, I talking about the blogger who put up so far three blogs posts- saying the same thing, only changing a few words in the sentences and changing the "posted by" signatures....Tom, Thomas,Rich Dee....WTF?
signed, Hal"the one irritated of morons"Collins
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10-28-2007 @ 3:07PM
CH said...
"to render all of this mute..."
"Mute" means unable to speak. I think you mean "moot" (arguable, subject to debate).
Sorry, I don't usually point out the mistakes of other writers, but that kind of mistake really pushes my buttons and it seems to be happening more and more often on the FanHouse blogs.
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10-28-2007 @ 4:47PM
Thomas D said...
Giving A-rod more money is not going to bring the yankee's a pennant. Save your money and pick up Alphonsa Soriana
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10-28-2007 @ 6:39PM
Tom Patterson said...
the yanks made A-Rod a fair offer but A-Rod a money player money first player second
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10-28-2007 @ 6:45PM
dale said...
I like A-Rod and wish him well. I think he had a great year and think he gets way too much blame and jeter gets untouched(he didnt exactly burn up the play-offs either) That said the Yanks need pitching bad. Spend the money on pitching and build a younger team thats the way to go.
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10-28-2007 @ 7:31PM
steve said...
They need him to win
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10-28-2007 @ 7:56PM
richard bublitz said...
Sign him now! Who else will put up numbers like he has for the Yankees? Not the choke "Derek Jeter".
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10-28-2007 @ 8:41PM
tobrien28 said...
Please God in heaven make the Yankees not sing A-Rod. They don't need hitting. The past winners of the Series (the old Yankees included) did it with pitching. They have the starting rotation so they should invest in a strong late inning bullpen.
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10-28-2007 @ 11:11PM
BOB said...
as of 11:10 pm oct 28th A-Rod opts out. So Yanks got to go to Plan B.
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10-28-2007 @ 11:13PM
BOB said...
If I were the yanks I'd Sign Lowell as soon as possible.
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10-29-2007 @ 1:18AM
ken said...
A-Rod is a great player, and shuld be respected by al, not just New York fans. 30 mil a year, so what the cubs gave A.S. That kind of money and A.S, is no way near as good as A-Rob. Pitching is needed, and you must score runs, but not give up runs to win games, its not dj's fault, or A-Rod, its a team game, you win as a team you lose as a team, and sometimes you get out coached. Just respect A-Rod, he has earned his money for the most part, but is any one player worth 30mil a year, if anyone it its A-Rob, not the Rocket.
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