The most ridiculous contract given out by the Yankees this offseason isn’t going to Alex Rodriguez. Reports indicate that the team has agreed to a three-year, $45 million contract with their long-time closer Mariano Rivera. He will not come close to contributing $15 million/year to his team.
Don’t get me wrong, Rivera is a very good pitcher, the only problem is that he doesn’t pitch much. The 75 innings he has averaged the past three years, represent just over five percent of his team’s innings. I have him valued at around $6 million/year for the past three years. Even if we weight the importance of the innings he pitches there is no way he’s worth two-and-half times that amount.