wahts really interesting is this...
under A-Rod's old contract he opted out of. he had a clause in it that if he won the ALDS division series (if it was invented) he got a bonus. I always thought that was interesting
Code:
10 years/$252M (2001-10)
signed as free agent 12/00 (Texas) (opted out 10/29/07)
$10M signing bonus (paid between 12/00 & 3/05)
salaries: 01-04:$21M/year, 05-06:$25M/year, 07-10:$27M/year
(with bonuses, Rodriguez earned $185.45M from 2001 to 2007)
no-trade clause
Rodriguez may void after 2007 season (10-day window after WS)
Rodriguez may void after 2008 or 2009 unless club increases 2009-10 salary by $5M/year or $1M more than highest-paid MLB position player
club may offer salary arbitration if Rodriguez voids contract 2007-09, but club may not offer salary arbitration after 2010
2008-2010 financial obligations (eliminated if Rodriguez voids):
NY: $50,695,500 (08:$15.884M, 09:$16.8985M, 10:$17.913M)
Texas: $21,304,500 (08:$8.116M, 09:$7.1015M, 10:$6.087M)
after 1 year (12/01), Rodriguez agreed to defer $45M in salary to 2011-20 at 3% (later reduced)
waived no-trade clause 2/04, allowing trade to Yankees
with 7 years/$183M remaining on contract:
Texas agreed to pay remaining $4M in signing bonus & $67M of remaining $179M in salary
NY agreed to pay $112M of the remaining $179M in salary
For further details on 2001-10 contract, click here.
award bonuses:
$50,000 for finishing 6th-10th in MVP vote
$0.1M each for making All Star team, receiving most All Star votes, Silver Slugger, making post-season AP, Baseball America or Sporting News All Star team, being named player of the year by AP, Baseball America or Sporting News
$0.15M each for LCS or LDS MVP
$0.2M for WS MVP or finishing 2nd-5th in MVP vote
$0.5M for MVP ($1M for second MVP, $1.5M for subsequent MVPs) (received $0.5M for 2003 AL MVP, $1M for 2005 AL MVP)