Thursday, November 15, 2007

Alex Rodriguez Crawls Back to the Yankees


Just 3 weeks ago, Scott Boras, agent to A-Rod informed the Yankees that his client would not be returning to New York and would pursue free agency. He supposedly had previously informed the Yankees that the starting point for negotiations was $350 million over 10 years.
At the time I thought Boras was just blowing a lot of smoke to get some action going. After all, the Rangers had to eat part of Rodriguez's contract in order to trade him which was an acknowledgement that no one felt he was worth $25 million per year. As far as I'm concerned, nothing has really changed as far as his market value.

The word on the street is that only the Angels were interested in Rodriguez and likely not anywhere close to $35 million per year. So it appears A-Rod contacted the Yankees owners to explore a return to the team and a meeting was set up - without Boras.

Now the Yankees have always been clear they wanted to have the best player in the game continue to be a Yankee but this turn of event gives the team the negotiating edge. So it is reported that Hank Steinbrenner has asked that the new contract be front-loaded to include a $21 million discount for the Yankees. That is the money the team would have gotten from the Rangers if Rodriguez hadn't used the escape clause in the contract.

So at the end of the day everyone will be happy. The Yankees and Rodriguez are made for each other. A-Rod remains the highest paid player in the game. He will likely save face by blaming his agent and calling it a big misunderstanding.

It's enough to make you ill.