The nine-figure contract is still a relatively new phenomenon in baseball. There have only been 26 contracts worth $100MM or more given out in baseball history, and we're just now starting to see the first wave of those deals expire. Here are the eight such contracts that have expired...
- Alex Rodriguez (ten years, $252MM) - A-Rod originally signed this deal with the Rangers, then opted out of the last three years and $81MM while with the Yankees. He hit .304/.400/.591 and won three MVP awards during the seven years of the deal, then landed another ten-year contract worth $275MM.
- Derek Jeter (ten years, $189MM) - The Yankees' captain hit .310/.380/.445 during this contract, then signed another three-year pact worth $51MM this past offseason.
- Manny Ramirez (eight years, $160MM) - Manny spend the vast majority of this contract with the Red Sox, hitting .315/.415/.595 in the process. He then signed a two-year deal worth $45MM.
- Mike Hampton (eight years, $121MM) - This deal didn't go as well as the first three; Hampton pitched to a 4.81 ERA in 147 starts, missing time with numerous injuries. He spent most of the contract with the Braves after originally signing it with the Rockies.
- Jason Giambi (seven years, $120MM) - Giambi's time with New York was tainted by injury and PED controversy, but he still hit an impressive .260/.404/.521.
- Ken Griffey Jr. (nine years, $112.5MM) - Another big money deal marred by injury, The Kid hit .269/.361/.510 almost entirely with the Reds during the contract.
- Kevin Brown (seven years, $105MM) - Brown dealt with some injuries during the life of the contract, but pitched to a 3.23 ERA for the Dodgers and Yankees before retiring.
- Albert Pujols (seven years, $100MM) - The guaranteed portion of this deal is over,though the Cardinals exercised their $16MM club option to keep him around this season. Pujols hit .334/.443/.635 with three MVP awards during the first seven seasons of the contract.
Carlos Beltran's seven-year, $119MM deal with the Mets will expire after season. Todd Helton's nine-year, $141.5MM deal with the Rockies would have expired as well, but he agreed to a restructured deal last March that tacked on two guaranteed years in exchange for a lower salary in 2011.
Cot's Baseball Contract was used for this post.