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arod's pay

Postby dougbies » Mon May 07, 2007 9:09 am

does anyone remember the details of arod's contract. i thought that there was some type of clause in it that would ensure that he was the highest paid player over the duration of it. now that clemends will make 28mm over a yearly period, does that mean that arod gets a 2.8mm raise???
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Postby BritSox » Mon May 07, 2007 9:29 am

I think that only applies to 08 and 09.
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Postby LiveForever » Mon May 07, 2007 9:38 am

Alex Rodriguez 3b
10 years/$252M (2001-10)

* signed as free agent 12/00 (4 years/$64M remaining from NYY after 2006)
* $242M in annual salaries
* $10M signing bonus (paid between 12/00 & 3/05)
* salaries: 01-04:$21M/year, 05-06:$25M/year, 07-10:$27M/year
* Rodriguez may void after 2007
* Rodriguez may void after 2008 or 2009 unless club increases 2009-10 salary by $5M/year or $1M more than highest-paid MLB position player
* no-trade clause
* club will not offer salary arbitration after 2010
* award bonuses:
o $50,000 for finishing 6th-10th in MVP vote
o $0.1M each for making All Star team, receiving most All Star votes, Silver Slugger, making post-season AP, Baseball America or The Sporting News All Star team, being named player of the year by AP, Baseball America or The Sporting News
o $0.15M each for LCS or LDS MVP
o $0.2M for World Series MVP or finishing 2nd-5th in MVP vote
o $0.5M for MVP ($1M for second MVP, $1.5M for subsequent MVPs) (received $0.5M for 2003 AL MVP, $1M for 2005 AL MVP)
* after 1 year (12/01), Rodriguez agreed to defer $45M in salary to 2011-20 at 3% (later reduced)
* waived NTC 2/04, allowing trade to NY with 7 years/$183M remaining
o Texas agreed to pay remaining $4M in signing bonus & $67M of remaining $179M in salary
o New York agreed to pay $112 of the remaining $179M in salary
* 4 years/$10.7M (1997-2000)
o 97:$1.0625M, 98:$2.1262M, 99:$3.1125M, 00:$4.3625M
* 3 years/$1.3M (1994-96)
o 94:$442,333, 95:$442,333, 96:$442,334
* drafted 1993 (1-1)
* agent: Scott Boras
* ML service: 12.011
* For further details on Rodriguez' present contract, click here.




So if you look closely it say" * Rodriguez may void after 2008 or 2009 unless club increases 2009-10 salary by $5M/year or $1M more than highest-paid MLB position player" So the Clemens signing doesnt effect his contract at all.
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