« Rockies Pursuing Ian Snell? | Main | Giles Released, Snelling Claimed »

Yankees to Offer Record Setting Deal to A-Rod

Buster Olney's got the scoop on Alex Rodriguez:

"The offer could be for something in the range of five years -- beyond the three years Rodriguez is already under contract for, from 2008-10 -- and perhaps $30 million a year."

If somehow you're behind in the A-Rod times, catch up here.  Since that post, the Yankees have requested a meeting with their third baseman sometime before his deadline (10 days after the end of the World Series) to announce whether he will opt out or not.

If the Yankees make this offer, it would be to retain the talent in light of Brian Cashman's firm stance that if A-Rod opts out then the Yankees will not negotiate.  Also, the offer will prevent $21.3 million still due on A-Rod's contract in subsidy from the Texas Rangers from slipping away.  Whether or not it signifies that other teams would be able to approach this record offer remains up for speculation.

$150MM extension would net A-Rod a colossal $230MM over the next 8 years.  That's up from his current $25.2 million to $28.75 million/year, edging out Roger Clemens' $28 million one-year contract.


TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d834515b9a69e2010534a26b12970c

Listed below are links to weblogs that reference Yankees to Offer Record Setting Deal to A-Rod:







Lijit Search




Enter your email address:

Delivered by FeedBurner







NAVIGATION

Site Map
Archives
Feeds by Team

MLBTR INFO

Advertise
About
Commenting Policy
Privacy Policy

CONNECT

Contact Us
Widget
Twitter
Facebook
Rss Feed


MLB Trade Rumors is a partner of FanVsFan. MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com.