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| 26th November, 2007 - 6:04 pm | The Buffalo News - The details of Alex Rodriguez’s revenue-sharing bonuses in his new New York Yankees' contract finally have been agreed upon and approved by Major League Baseball. If Rodriguez attains all five of the $6 million bonuses, his total contract will be worth $305 million.
The initial outline of A-Rod’s contract was agreed upon two weeks ago with a base of 10 years and $275 million. The bonuses were more difficult to agree upon, however, as the Yankees do not generally include incentives for awards such as Most Valuable Player or Gold Glove, and MLB does not generally allow statistics-based bonuses.
Rodriguez’s possible bonuses, which were first outlined by The New York Times, will include $6 million each for five historic events to be designated by the Yankees. The five events are expected to be tying the career home run marks of Willie Mays (660), Babe Ruth (714), Hank Aaron (755) and Barry Bonds (currently 762), along with passing Bonds’ majorleague record. Rodriguez, 32, has 518 career home runs. [READ] |
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