Rangers Offered $140MM To Teixeira

The Rangers made a legitimate offer to first baseman Mark Teixeira before trading him.  Apparently they offered him an eight-year, $140MM package.  That’s an average annual value of $17.5MM.  A little light, but not a bad starting point.

But since the deal covered the 2008 season and Teixeira would’ve gotten around $14MM regardless, it was really a seven-year, $126MM offer – same as Barry Zito‘s contract.  $18MM a year for Teixeira sounds reasonable, but who knows how it will seem a year from now?  He might be a $22MM player at that point.  Teixeira will, of course, hit the open market after the 2008 season. 



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