Rangers still owe A-Rod $40 million even if he is banned 4 life

[NJHalo]

http://newyork.cbslocal.com/2013/08/02/report-if-a-rod-is-banned-for-life-rangers-will-still-owe-him-over-40m/

 

nice!

[Vegas Halo Fan]

Sound investment.

[GrapeApe98Z]

For Pujols, 10-year, $240 million free agent contract with the Angels in December 2011.

The 33-year-old first baseman will earn $16 million this season, $23 million in 2014, $24 million in 2015, $25 million in 2016, $26 million in 2017, $27 million in 2018, $28 million in 2019, $29 million in 2020 and $30 million in 2021.
He also holds a 10-year, $10 million personal services contract that will take effect once he retires.

 

For Hamilton, $10 million signing bonus and salaries of $15 million in each of the next two seasons, $23 million in 2015 and $30 million apiece in 2016 and 2017.

[Brent Maguire]

For Pujols, 10-year, $240 million free agent contract with the Angels in December 2011.

The 33-year-old first baseman will earn $16 million this season, $23 million in 2014, $24 million in 2015, $25 million in 2016, $26 million in 2017, $27 million in 2018, $28 million in 2019, $29 million in 2020 and $30 million in 2021.

He also holds a 10-year, $10 million personal services contract that will take effect once he retires.

 

For Hamilton, $10 million signing bonus and salaries of $15 million in each of the next two seasons, $23 million in 2015 and $30 million apiece in 2016 and 2017.

You created an account to make one post copying down some information we already knew? Good stuff. 

[Mudville]

I think whoever wrote this article didn't do his home work. When Alex Rodriguez opted out in 2007 it nulified the Rangers obligation to subsidize part of the contract. This from Cotts which tracks all MLB contracts.

 

Alex Rodriguez 3b
10 years/$275M (2008-17)

• 10 years/$275M (2008-17)
  • re-signed by NY Yankees as a free agent 12/13/07
  • $10M signing bonus ($2M paid upon approval, $1M paid each Jan. 15, 2009-2013, $3M paid Jan. 15, 2014)
  • 08:$27M, 09:$32M, 10:$32M, 11:$31M, 12:$29M, 13:$28M, 14:$25M, 15:$21M, 16:$20M, 17:$20M
  • $30M marketing agreement based on home run milestones ($6M each for reaching 660, 714, 755 and tying and breaking major league HR record)
  • no-trade protection
  • perks: may purchase 4 best available season tickets for 2008, 4 Legends Suite or comparable season tickets for 2009-17
  • Texas obligated to fund $9M as part of deferred compensation provision in previous contract (to be paid with interest in $3M increments in 2008, 2009 & 2010)

[Inside Pitch]

Bobby Bonilla is still the getting over-ist dude in MLB history...

 

http://www.sportingnews.com/mlb/story/2011-05-16/mets-will-be-paying-bobby-bonilla-for-next-25-years

 

Talk about having made a great deal...

[Inside Pitch]

 

I think whoever wrote this article didn't do his home work. When Alex Rodriguez opted out in 2007 it nulified the Rangers obligation to subsidize part of the contract. This from Cotts which tracks all MLB contracts.

 

Alex Rodriguez 3b

10 years/$275M (2008-17)

• 10 years/$275M (2008-17)
  • re-signed by NY Yankees as a free agent 12/13/07
  • $10M signing bonus ($2M paid upon approval, $1M paid each Jan. 15, 2009-2013, $3M paid Jan. 15, 2014)
  • 08:$27M, 09:$32M, 10:$32M, 11:$31M, 12:$29M, 13:$28M, 14:$25M, 15:$21M, 16:$20M, 17:$20M
  • $30M marketing agreement based on home run milestones ($6M each for reaching 660, 714, 755 and tying and breaking major league HR record)
  • no-trade protection
  • perks: may purchase 4 best available season tickets for 2008, 4 Legends Suite or comparable season tickets for 2009-17
  • Texas obligated to fund $9M as part of deferred compensation provision in previous contract (to be paid with interest in $3M increments in 2008, 2009 & 2010)

 

 

 

The Cotts info isn't factoring it the deferred money for his accepting the trade to the Yanks -- money that was supposed to have been paid PRIOR to his trade and that was pushed back.   This is the article being mentioned in the link provided above..

 

http://www.dallasnews.com/sports/texas-rangers/headlines/20130801-even-if-a-rod-is-banned-for-life-the-rangers-still-owe-him-more-than-40-million.ece

[Brandon]

4 life.

tyte.