A-Rod Drops Yankees and $72 Million
In a move that ends four uneven seasons with the Yankees ... Alex Rodriguez opted out of his contract with the New York Yankees ... With that move ... A-Rod forfeited $72 million he was owed over the final three seasons of his mammoth $252 million ... 10-year deal ... which he signed before the 2001 season ...
The New York Yankees ... which failed to make the World Series in all of Rodriguez's seasons ... has said it would not try to negotiate a new deal with A-Rod if he opted out of his current contract ...
Hank Steinbrenner (son of Yankees owner George Steinbrenner): "No chance. Not if it's made official (filing letters on opting out)."
The Yankees were preparing to offer A-Rod a four or five-year extension to his current contract ... estimated to be worth between $25 and $30 million annually ... and had hoped to meet with A-Rod to present the offer ...
George Steinbrenner: "It's clear he didn't want to be a Yankee. He doesn't understand the privilege of being a Yankee on a team where the owners are willing to pay $200 million to put a winning product on the field."
~Papi Chulo~
