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Alex Rodriguez to opt out of his contract


RaginCaucasian
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Boras tells Yankees that A-Rod will opt out.

 

By Jon Heyman, SI.com

 

DENVER -- Alex Rodriguez notified the Yankees on Sunday that he's opting out of his record $252 million contract, SI.com has learned.

 

Rodriguez's decision means he will become a free agent and be able to negotiate with all clubs. Rodriguez's bombshell move will shake up the entire winter for the Yankees -- who had hoped to retain him with a big extension -- as well as other big-market clubs that will now pursue him.

 

Rodriguez's agent Scott Boras said he sent word of the opt-out in writing Sunday and left phone and text messages for Yankees general manager Brian Cashman. The Yankees have said that once A-Rod opts out, they wil not pursue him, since they will lose the benefit of the Texas Rangers' $30-million subsidy.

 

"Alex made the decision today,'' Boras said. "I thought we should notify the club.''

 

The Yankees were preparing an extension to his current contract for either five or six years, believed to be for close to $30 million annually. However, team officials said Boras has politely declined to meet with them in recent days, and they never presented the offer.

 

Rodriguez technically had until 10 days after the World Series ended to exercise his opt-out rights, which were provided in his $252 million Texas deal. However, Boras said Rodriguez felt there was no way he could make a decision to stay in that short a period of time since several situations remain unsettled, including those of Mariano Rivera, Jorge Posada and Andy Pettitte.

 

 

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http://sports.espn.go.com/mlb/news/story?id=3084583

 

DENVER -- Alex Rodriguez opted out of his $252 million, 10-year contract with the Yankees on Sunday in what appears to be the end of his career with New York.

 

Rodriguez's decision, announced by agent Scott Boras during Game 4 of the World Series, makes him eligible to become a free agent.

 

Rodriguez loses the final $72 million in guaranteed salary in the contract, of which $21.3 million was to be covered by payments from the Texas Rangers to the Yankees, and becomes eligible for free agency. New York had said it would not attempt to re-sign A-Rod if he opted out.

 

Boras said during a telephone interview that Rodriguez made his choice because he was uncertain whether Mariano Rivera, Jorge Posada and Andy Pettitte would return to the Yankees.

 

"Alex's decision was one based on not knowing what his closer, his catcher and one of his statured pitchers was going to do," Boras said. "He really didn't want to make any decisions until he knew what they were doing."

 

Boras said he attempted to notify Yankees general manager Brian Cashman of the decision Sunday but couldn't reach him, so he left a voice mail.

 

"He was traveling and I was traveling," Boras said.

 

A-Rod, likely to win his third AL MVP award next month, made his decision before the Yankees announced a replacement for departed manager Joe Torre. Broadcaster Joe Girardi and bench coach Don Mattingly were the top contenders, and the team also interviewed first-base coach Tony Pena.

 

Texas turns out to be the biggest winner, saving the remaining money it would have had to pay New York as part of the 2004 trade. Boras said the Rangers remain responsible for $3 million in annual deferred money A-Rod is owed in the next three years under the contract.

 

"We're going to wait until we hear officially, but obviously it would be welcome news on our end," Rangers general manager Jon Daniels said in an e-mail to The Associated Press.

 

Rodriguez hit .314 this year and led the major leagues in home runs and RBIs. He was announced as a winner of a Hank Aaron award for offensive achievement before Game 4 but was not on hand to receive it. Boras said Rodriguez had a family commitment.

 

Copyright 2007 by The Associated Press

 

 

Well he still doesn't know what they are doing, so why make the decision now?

 

Does A-Rod ever speak for himself? Why does he let Boras do all the talking and thinking for him?

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So now we basically swap 3rd basemen? We get Lowell and they get Pay-rod...

C'mon.... we got Clemens to come out of retirement...... surely we could get in touch with ONeill and Brosius and throw some sick amounts of money at them. Girardi..... we could even let him player/coach! Problem solved!! Now all we need is Nelson & Stanton and we are set in the bullpen as well!

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i'll bet anyone that the yanks were bluffing and will still be in the running for a-rod. we're talking about a 300+ mil contract here, 27 mil is not going to hold it up.

 

meanwhile, arod didn't exactly do much to dispel the notion that he's all about the money, he had ten days to opt out and will likely not sign till late dec at the earliest, he couldn't wait at least a full day before opting out?

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and i dont think boston will sign arod, they just won 2 world series in 4 years w/o him. they had a 14.5 game lead and never relinquished it to the yankees WITH arod having an mvp season, so why pay 300 mil to keep a guy away from your rival who has done nothing but hit badly in the playoffs and hasn't been out of the 1st round in 3 seasons

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and i dont think boston will sign arod, they just won 2 world series in 4 years w/o him. they had a 14.5 game lead and never relinquished it to the yankees WITH arod having an mvp season, so why pay 300 mil to keep a guy away from your rival who has done nothing but hit badly in the playoffs and hasn't been out of the 1st round in 3 seasons

He can't do anything for them ticket wise, either.

 

PS What pisses me off about this is he was just learning how to play third base.

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The Yankees are fucked. Really, really fucked.

Fuck the future.

 

...and the future will FUCK us.

How many WS did you win with A-Rod?

 

Build your team around young pitching and good hitting and you'll be fine. I have to admit, you're finding the right nucleus of players in the staff. Once the contracts like Giambi and others expire you'll have enough coin to get some nice FAs in the lineup and pitching.

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How many WS did you win with A-Rod?

 

Build your team around young pitching and good hitting and you'll be fine. I have to admit, you're finding the right nucleus of players in the staff. Once the contracts like Giambi and others expire you'll have enough coin to get some nice FAs in the lineup and pitching.

the yankees are stacked with pitching depth in the minor leagues, its the posistion players that they dont have. Other than Action Jackson and Jose Tabata, who are both outfielders, they dont have anything close to ready and those 2 are at least 2 years away from sniffing the major leagues

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the yankees are stacked with pitching depth in the minor leagues, its the posistion players that they dont have. Other than Action Jackson and Jose Tabata, who are both outfielders, they dont have anything close to ready and those 2 are at least 2 years away from sniffing the major leagues

 

 

His real name is Action Jackson? Are you kidding me?

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