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| 17th August, 2007 - 12:08 am | AP - If Alex Rodriguez opts out of his contract after this season, the Yankees insist they won't try to re-sign him.
"How can we? We lose all our money from Texas," Yankees GM Brian Cashman said Thursday.
Rodriguez has 3 1/2 seasons left on his record $252 million, 10-year deal, but he can opt out of the contract this fall and become a free agent -- a decision the slugger would have to make within 10 days of the end of the World Series.
Rodriguez is owed $24 million in each of the next three seasons by the Yankees, with Texas offsetting about $21.3 million of that.
He is guaranteed an additional $3 million annually by the Rangers, the original deferred money in his contract that was converted to an assignment bonus at the time of his trade to the Yankees.
Cashman said the club has not spoken to A-Rod or his agent, Scott Boras, about a potential contract extension. [READ] |
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