TheYanks04 wrote:Unfortunately he has a no trade clause, so the only way to get rid of him is to make him want to go.
And we pay 16 M on avg a year for the new choking K-Rod.
I wasn't talking on average.
I was talking about what we pay him THIS year.
This year, these are the players that the Yankees are actually paying the most.
Giambi - 18mil
Jeter - 18mil
ARod- 14 Million
And finally ARod.
Under the deal, the Yankees pay Rodriguez $15 million in each of the next three seasons, $16 million each in 2007 and 2008, $17 million in 2009 and $18 million in 2010, according to contract information obtained by the AP from player and management sources.
In each of the first four years, $1 million will be deferred without interest, to be paid in 2011.
The trade calls for Texas to pay $43 million of Rodriguez's salary over the remaining seven years: $3 million in 2004, $6 million each in 2005, 2006 and 2010, $7 million apiece in 2007 and 2009 and $8 million in 2008. In addition, the Rangers will pay the $24 million remaining in deferred money from the original contract, with the interest rate lowered from 3 percent to 1.75 percent.
All the deferred money owed by Texas -- $36 million including salaries from 2001 to 2003 -- will be lumped with the original $10 million signing bonus, of which $4 million is still owed. The payout schedule will be pushed back to 2016-2025 from 2011-20.
So here is the calculation:
$25M original salary in 2006
(4M) deferred by TX
(6M) paid by TX
(1M) deferred by NYY
$14M paid by NYY
The Yanks are paying $14M this year plus $1M more deferred, but that won't be paid until 2011 (along with $1M for each of the past two seasons and next year). That's where the $4M from 2011 comes from.
Under the deal, the Yankees pay Rodriguez $15 million in each of the next three seasons, $16 million each in 2007 and 2008, $17 million in 2009 and $18 million in 2010, according to contract information obtained by the AP from player and management sources.
In each of the first four years, $1 million will be deferred without interest, to be paid in 2011.
http://sports.espn.go.com/mlb/news/story?id=1735937
http://sports.espn.go.com/mlb/news/story?id=1735937