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View Full Version : AROD Contract worth up to $305 Mil


Paulwny
11-25-2007, 09:39 AM
From Yahoo/Ap:

Under the agreement, which remains to be finalized, Rodriguez could receive $6 million each for tying the home-run levels of Willie Mays (660), Babe Ruth (714), Hank Aaron (755) and Barry Bonds (http://sports.yahoo.com/mlb/players/3918/;_ylt=AtGYhybZKjtDqLMvnE6Qgkapu7YF) (762), and an additional $6 million for breaking Bonds' major league record. The Yankees could designate each level as a historic event, enabling Rodriguez to receive the added money in exchange for additional personal appearances and signed memorabilia for the club. That enabled the agreement to be allowed by the players' association and the commissioner's office. Baseball generally prohibits bonuses based on statistics such as home runs.

http://sports.yahoo.com/mlb/news;_ylt=Aqff.5ej94.zOuBJMqZc5SkRvLYF?slug=ap-yankees-rodriguez&prov=ap&type=lgns

Dibbs
11-25-2007, 10:31 AM
How much does he get for catching Sosa?

jabrch
11-25-2007, 12:10 PM
Rotoworld.com
The Yankees and Alex Rodriguez have agreed on a $30 million marketing package that could raise the total value of his new contract to $305 million over 10 years.

Under the agreement, Rodriguez would receive $6 million each for tying the home run levels of Willie Mays (660), Babe Ruth (714), Hank Aaron (755) and Barry Bonds (762), and an additional $6 million for breaking Bonds' record. Technically, it's illegal to tie incentive clauses to such statistics as home runs, but the Yankees have worked around that by declaring reaching said marks as historic events, enabling Rodriguez to receive the added money in exchange for additional personal appearances and signed memorabilia for the club

To me, giving someone a bonus for something that is nearly 100% likely to happen is violating the spirit of the luxury tax.