#1 Teixeira takes Yanks' 8-year deal12-23-2008, 05:30 PM
Apparently the Yankees are just going to sign every free agent this off-season.
The New York Yankees swooped in Tuesday and nabbed prized free agent Mark Teixeira, reaching agreement with the first baseman on an eight-year contract worth $180 million, two sources involved in the negotiations tell ESPN The Magazine's Buster Olney.
The Yankees had made an offer to Teixeira weeks ago, but then withdrew it. Their intention all along was to make a deal if it fell within parameters acceptable to the organization. They made their formal offer Tuesday.
The contract will pay Teixeira an average of $22.5 million per season.
The Yankees had $88.5 million coming off the books that, even with the Teixeira contract, they expect their payroll to fall below $200 million. New York has committed $423.5 million in salary in the last month, with $161 million going to left-handed pitcher CC Sabathia ($23 million over seven years) and $82.5 million on right-hander A.J. Burnett ($185 million over five).
Agreeing to a deal with Teixeira virtually eliminates any chance that free-agent outfielder Manny Ramirez has a landing place with the Yankees. New York does have money left to add another starting pitcher, most likely veteran left-hander Andy Pettitte at $10 million if he agrees to terms soon.
Teixeira's salary gives the Yankees, who are preparing to move into their pricey new ballpark in 2009, the four highest-paid players in Major League Baseball, including third baseman Alex Rodriguez, shortstop Derek Jeter and Sabathia.
12-23-2008, 05:52 PM
I'm a Yank's fan.
I am not happy with this decision. It's not offensive stars with egos they need. It's hungry young players from their awesome farm system they keep trading away.
I'm sick of stars that do nothing.Gun Control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound - Unknown
The problem is Empty People, Not Loaded Guns - Linda Schrock Taylor
12-23-2008, 10:47 PM
Yankees are trying to buy their way in again huh.
All the more reason I hope like hell they don't even make the playoffs again next year. It would be so sweet.
Let's go Boston and Tampa Bay.
12-23-2008, 11:18 PM
: “It's all shits and giggles until someone giggles and shits.”
” I wondered why the rock was getting larger. Then it hit me.
12-23-2008, 11:54 PM
- Join Date
- May 2008
- In my own private Alamo on The Mountain in Georgia
One day as I was ringing him out, I noticed his ring. I asked him, Is that a World Series ring? He laughed and said it was. His name was Johnny Mize.
Neat old guy.Hey careful man! There's a beverage here!
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