Last week, Alex Rodriguez and the New York Yankees finalized a ten-year, $275 million contract. I predicted that he would do much better than this. I wish that all of the Scott Boras shenanigans had not happened, because I would like to see what he would have gotten had he not been forced to crawl back the Steinbrenners. Yes, the deal includes up to $30 million in incentives, but I am nearly certain that A-Rod would have gotten more had he just negotiated an extension. We will probably never know exactly what went on behind the scenes, but Boras’s reputation has taken a hit.
Now that the contract is final, I want to announce the winner of the contest to predict his contract. James Canavan was the first person to suggest a $27.5 million average salary over ten years. Congratulations to James, who gives credit to his economics minor. 🙂 I will be mailing a signed copy of The Baseball Economist to James later today.