Originally posted on Bush League Chronicle  |  Last updated 2/4/13

Baseball players have been on the receiving end of some gaudy contracts recently. In fact, salaries have shot up across the board dramatically in the last decade alone. One of those players who has benefited in a tremendous way financially is New York Yankees slugger Mark Teixeira.Teixeira inked a massive 8-year, $180 million free agent deal with the Yankees in January of 2009. He earned approximately $22.5 million in base salary last season and is due to earn the same amount in each of the next four seasons.The 32-year old hasn't exactly performed up to expectations since being rewarded to the big sum of cash, which has many fans complaining about his true value. The 10-year MLB veteran addressed those complaints in a recent interview with The Wall Street Journal:"I have no problem with anybody in New York, any fan, saying you're overpaid. Because I am," Teixeira said. "We all are.""Agents are probably going to hate me for saying it," he continued. "You're not very valuable when you're making $20 million. When you're Mike Trout, making the minimum, you are crazy valuable. My first six years, before I was a free agent, I was very valuable. But there's nothing you can do that can justify a $20 million contract."Since arriving in New York, Teixeira has seen his average decline steadily. He posted a respectable .292 mark in 2009, but dropped to .256 in 2010, and .248 in 2011. His on-base percentage has fell over 50 points since the '09 campaign; a year in which he finished second in the American League MVP voting.In 2012, the Maryland native set or tied career lows in homers (24), RBIs (84), slugging (.475), runs scored (66) and OPS (.807). Given his age, Teixeira seems to realize that he may be entering the decline of his career."Maybe I'm slowing down a tick. Look, I'm not going to play forever. Eventually you start, I don't want to say declining, but it gets harder and harder to put up 30 [homers] and 100 [RBI]," Teixeira said.Regardless of how he performs, the Pinstripes are still on the hook for $70 million for his services.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Chip Kelly defends Kaepernick: He was not a distraction

Steve Smith faces suspension should he unretire

Report: Chris Paul ‘despises’ Doc Rivers, had issues with treatment of son Austin

Drew Brees trying to 'save the game' with flag football

Report: Jackson ‘laughing with confidants’ about fleecing Dolan

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Blake Griffin may still return to Clippers despite Chris Paul exit

Report: Eight teams already interested in Zach Orr

What to expect from United States Men’s National Team in Gold Cup

Bryce Harper fuels Cubs speculation with Instagram post

Mike Trout progressing towards return before All-Star break

Mother Nature stops Tim Tebow's St. Lucie debut

The 'You get a steal! You get a steal! Everybody gets a steal!' quiz

Rewriting the Hall of Fame rubric for today's pitchers

Top NBA free agents available

Box Score 6/28: New York loses its zen

Although you have seen this start before, this season is no sequel for the Dodgers

The 'Power hitters are coming for that number one spot' quiz

The 10 best sports docs available for streaming

Feeding your roundball addiction through the summer months

BIG3 Referee Hotline Bling: Ricky Davis takes unnecessary shots at Al Harrington

Who won Wimbledon the year you were born?

Box Score 6/27: Monday is for all sorts of ballers

Big3 brings summer festival feel to basketball with barnstorming tour

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

The 'You get a steal! You get a steal! Everybody gets a steal!' quiz

Rewriting the Hall of Fame rubric for today's pitchers

2017 is not another disappointing sequel for the Dodgers

BIG3 Referee Hotline Bling: Ricky Davis takes unnecessary shots at Al Harrington

The 10 best sports docs available for streaming

Feeding your roundball addiction through the summer months

The 'Power hitters are coming for that number one spot' quiz

Big3 brings summer festival feel to basketball with barnstorming tour

The 'Tonight, we settle the Beard vs. Brodie debate' quiz

2016-17 NBA Awards: The 8th Man Award for most overlooked player this year

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker