Bronx
The New York Yankees swooped in Tuesday and hooked prized free agent Mark Teixeira, reaching agreement with the first baseman on an eight-year contract worth $180 million, three sources involved in the negotiations said.
Teixeira's salary gives the Yankees, who are preparing to move into their $1.3 billion new ballpark in April, the four highest-paid players in Major League Baseball: himself, Sabathia, third baseman Alex Rodriguez (10 years, $275 million) and shortstop Derek Jeter (10 years, $189 million).
With their new deal, the Yankees have unloaded $423.5 million on three new players. Last Thursday the Yankees completed agreements with two prized pitchers, giving CC Sabathia a $161 million, seven-year contract and A.J. Burnett an $82.5 million, five-year deal.
Now, go ask the Yankees how they paid for the new stadium.
Wednesday, December 24, 2008
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