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While the Yankees will soon be determining how to keep Derek Jeter and Alex Rodriguez happy in each other's air space, the Red Sox are still reliving their desperate 11th-hour attempt to keep the American League's MVP from heading to the Bronx. According to a major league executive, Boston's hierarchy was so panicked by the growing momentum of the Yankees-Rangers trade, a personal phone call was placed to A-Rod on Friday night, asking him to halt the talks.
Rodriguez declined to get involved, only intensifying Boston's efforts. President Larry Lucchino then tried Rangers' GM John Hart and finally climbed to the corporate peak, calling Texas owner Tom Hicks, promising to agree to whatever demands the Rangers sought - as long as Rodriguez stayed away from the Yankees.
"[The Red Sox] basically said, "whatever it takes," said the source. The plea fell on deaf ears, thanks to the residual bitterness that resulted from the failed A-Rod for Manny Ramirez trade in November. Hicks, who resented the Sox for their refusal to agree to the final $12 million in concessions that would've sent A-Rod to Fenway, got his revenge. He closed the deal with George Steinbrenner, agreeing to absorb an average of $5 million a year of Rodriguez's salary.
Pokeyouindaeye wrote:I was under the impression that Soriano got paid quite a bit less If I remember...
Transmogrifier wrote:When we refer to "payroll," we mean MLB payroll, not including minorleaguers. While George may be paying out the same, that's not what we're talking about. It's undeniable, though, that this is a great financial deal for the Yankees.
And, it is my understanding that they can only waive 80% of Boone's contract; is that the number you have?
Rodriguez, the American League's most valuable player last season as a shortstop, will switch to third base for the Yankees, and he will essentially cost them no more this season than they had originally budgeted. The Yankees will pay Rodriguez $15 million in 2004, but he is deferring $1 million. The third-base prospect Drew Henson was scheduled to make $4 million this season before quitting to pursue football. The $5.4 million salary for Soriano, the All-Star second baseman, is also off the books, and the Yankees would save about $4.8 million by cutting third baseman Aaron Boone, who voided the guarantee in his contract by tearing up his left knee while playing basketball last month.
The expected payouts to Henson, Soriano and Boone total roughly $14.2 million. The $942,623 in termination pay the Yankees would owe Boone, in addition to the $14 million they will pay Rodriguez this season, would raise the Yankees' payroll by less than $750,000.
"We traded an All-Star to get a Hall of Famer at a gain of very little for this year," a Yankees official said.
The Yankees' overall payroll for 2004, based on average annual payouts to 24 players and including the termination pay the club is expected to give Boone, will be about $180 million.
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