Arod and the Yankees Talk 10 years, $280 Million Discounted

The Alex Rodriguez plot thickens. It’s been rumored in several outlets that ARod and the Yankees are talking about a 10 year, $280 million deal. One of the sticking points is the $21 million the Yankees are responsible for from ARod’s last contract. The Texas Rangers would have paid that money if ARod had not opted out of his contract. But the opt out puts the Yankees on the hook. The Yankees are essentially asking for a $21 million discount as a result so if they are talking $280 million over 10 years you can expect that to work out to something less then $28 million the first few years followed by $28 million a year after that essentially making the contract worth closer to $260 million.

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