Yankees Try to Keep $30 Mil Man
By Rob Abruzzese on July 12th, 2007 9:04 PM |
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Yankees Try to Keep $30 Mil Man: “
The Yankees opened the season with a statement: they will not give contract extensions to any player whether that is Mariano, Jorge, or Arod. It looks like they’ve now changed their tune.
Well it turns out that when you go into the break hitting .317 with 30 homeruns and 86 RBI, that gets the Yankees to change their policy. So now the Yankees are trying to extend Alex and keep him from looking somewhere else for a bigger and longer contract.
Now the tables are turned. It is Alex who does not want to talk to the Yankees. ‘We are not going to be negotiating during the season,’ his agent Scott Boras told the Post. ‘This is Alex’s decision. This has been his policy, and I fully expect this to continue to be his policy.’
This is the part that gets interesting. Apparently if Alex does not exercise his opt-out he will be guaranteed at least $32 million annually rather than $27 million as everyone had thought. The way it works is he gets that $27 million plus an additional $5 million more OR $1 million more than the highest paid non-pitcher in the league.
‘The way the provision operates, he either gets that or he can become a free agent after any of those seasons again,’
If he does stay until his current contract is up it will be worth at least $96 million over the next 3 seasons.
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(Via In the Dirt.)



















