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.

MORE FROM YARDBARKER:
Most strikeouts by a hitter in a single season
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Newton benched on first play, Anderson immediately throws INT

Former commissioner Bud Selig and Braves GM John Schuerholz are headed to the Hall of Fame

WATCH: Josh Lambo has worst FG attempt of season so far

WATCH: Chiefs win game with incredible special teams play

WATCH: Jeff Fisher lost his challenge flag vs. Patriots

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Colin Kaepernick benched for Blaine Gabbert in Chicago

Gronkowski releases statement, has no plans to retire

Sean Payton unhappy about Brandin Cooks trade rumors

Report: A 2015 investigation led to Kevin Wilson’s departure from Indiana

Houston denies report that Art Briles is candidate for coaching position

Draymond Green defends himself again after kicking Harden

Final College Football Playoff rankings: Alabama reigns

Best of Yardbarker: CFB Championship Week chaos

Five teams on upset alert in NFL Week 13

Sporting life: Gifts for real fans (that aren't ugly NFL sweaters)

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

The 10 best sports docs available for streaming

Box Score 12/2: High-kicking it into the weekend

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Eugene Monroe opens up about NFL’s drug policy

Ideal MLB offseason blueprint for every team

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

Final College Football Playoff rankings: Alabama reigns

Sporting life: Gifts for real fans (that aren't ugly NFL Christmas sweaters)

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

The 10 best sports docs available for streaming

Everything you need to know for CFB Championship Week

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Porzingis reshapes Knicks by elevating his game

TailGreater: Your championship week playlist is set

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