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| 30th November, 2007 - 5:15 pm | ESPN - As the New York Yankees and agent Scott Boras move toward a 10-year deal for Alex Rodriguez, the most important number is etched in stone: if Rodriguez achieves all the goals laid out for him, he will finish with a total payout of $314 million.
A source with knowledge of the negotiations said the two sides are getting "close" on a deal that will pay Rodriguez $275 million in guaranteed money, $30 million for milestones based on home runs, and $9 million in deferred money that the Texas Rangers owe Rodriguez in conjunction with his decision to opt out of his last contract.
In addition, the deal is front loaded, with Rodriguez expected to receive $32 million in each of the first three seasons. Boras and the Yankees are now down to negotiating the final contract language, the source said.
Rodriguez, 32, won his third career Most Valuable Player Award this season after hitting 54 homers and driving in 156 runs for the Yankees. Both he and Boras came in for major criticism when it was reported during Game 4 of the World Series that Rodriguez was opting out of the final three years of his deal with New York. [READ] |
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