Sunday, November 25, 2007

ARod's Event Bonuses




Alex Rodriguez has recently resigned with the New Yankees for a record $275 million over ten years, once again making him the highest paid player in baseball. In addition to his base salary of $27.5 million per year, reports have surfaced that ARod could actually earn 305_million_if_he_breaks the all-time homerun record set just last season by Barry Bonds. Specifically, this breaks down to $6 million per milestone.

As a Yankees fan, my initial reaction to this deal was excitement. But the more I consider these performance bonuses, the less happy I am to have Alex Rodriguez back in pinstripes. Had he opted out because he wanted to leave the team, that would have been one thing. But deciding to come back signals that this was an issue of pay. And I for one believe that having the biggest contract in baseball history should be incentive enough to chase down homerun records. Requiring an additional $6 million for each milestone reached seems ridiculous. Personally, the only incentive I would be in favor of would be related to post-season performance.

1 comment:

TA said...

How is this an issue of pay if he decides to come back for less money. The biggest reason he came back was because he wanted to be in a Yankee uniform. Arod probably could have gotten about 300 million if he signed with another team, just not the 350 million his agent wanted for him.