Yankees are on fire
Thursday, December 25th, 2008 | MLB
The New York Yankees signed Mark Teixeria for $180 million for eight years. It was rumored the Red Sox and Yankees had the highest bids for the Angels player. The deal has a $5 million signing bonus that will be paid out over the first three years the contract also has no-trade provision and no opt-out clause. Its rumored that the Red Sox offered $168 million over eight years. After signing Teixeria is seems to be unlikely that Manny Ramirez will become a Yankee in 2009 which could be a bad thing for Manny since the Angels also aoucned today that they will not persue him.
The Yankees also signed a one-year $5 million deal today with pitcher Chien-Ming Wang a 28 years old right hander. He was 8-2 with a 4.07 ERA in 15 starts last year. The Yankees aggreed to this deal and avoided arbitation with Wang. This deal brings the Yankees payroll to $164 million in 2009 for 15 players. At this rate it doesn’t look like there will be a team that can compte with the Yankees. The Yankees are also preparing to move into their new $1.3 billion park in 2009. The Yankees now have the four highest paid players in MLB, lets not forget A Rod has a 10 year $275 million deal.
|
$100 million contracts
|
||||
|
Rank
|
Player
|
Team
|
Length
|
Value
|
| 1 | A. Rodriguez | NYY | 10 yrs (’08-17) | $275,000,000 |
| 2 | A. Rodriguez | TEX | 10 yrs (’01-10) | $252,000,000 |
| 3 | Derek Jeter | NYY | 10 years (’01-10) | $189,000,000 |
| 4 | M. Teixeira | NYY | 8 yrs (’09-16) | $180,000,000 |
| 5 | CC Sabathia | NYY | 7 yrs (’08-14) | $161,000,000 |
| 6 | M. Ramírez | BOS | 8 yrs (’01-08) | $160,000,000 |
| 7 | M. Cabrera | DET | 8 yrs (’08-15) | $152,300,000 |
| 8 | Todd Helton | COL | 11 yrs (2001-11) | $151,500,000 |
| 9 | J. Santana | NYM | 6 yrs (’08-13) | $137,500,000 |
| 10 | A. Soriano | CHC | 8 yrs (’07-14) | $136,000,000 |
| 11 | Vernon Wells | TOR | 7 yrs (’08-14) | $126,000,000 |
| 12 | Barry Zito | SF | 7 yrs (’07-13) | $126,000,000 |
| 13 | Mike Hampton | COL | 8 yrs (’01-08) | $121,000,000 |
| 14 | Jason Giambi | NYY | 7 yrs (’02-08) | $120,000,000 |
| 15 | Carlos Beltrán | NYM | 7 yrs (’05-11) | $119,000,000 |
| 16 | K. Griffey Jr. | CIN | 9 yrs (’00-08) | $116,500,000 |
| 17 | Kevin Brown | LAD | 7 yrs (’99-2005) | $105,000,000 |
| 18 | Albert Pujols | STL | 7 yrs (’04-10) | $100,000,000 |
| 18 | Carlos Lee | HOU | 6 yrs (’07-12) | $100,000,000 |
