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

Bright future for Minnesota Timberwolves

Eli and Archie Manning say Peyton won’t likely leave Denver if he plays in 2016

NCAA mulls changes to graduate transfer and targeting rules

Cavs active in NBA trade market, covet Jared Dudley

Roger Goodell expectedly dodges Patriots-related questions at Super Bowl

Baltimore Orioles acquire starting pitcher Odrisamer Despaigne

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

USC athletic director Pat Haden to retire in June

Report: Browns owner ‘frustrated, emotional’ about Johnny Manziel

Raiders and Texans to play MNF game in Mexico City in 2016

Goodell wants to keep Raiders, Chargers in home markets

Deadly shooting breaks out at Dublin boxing weigh-in

Mike Shula vs. Wade Phillips: The best story of Super Bowl 50

QUIZ: Name every NFL regular season MVP

WATCH: Avery Bradley nails buzzer beater to beat Cavs

WATCH: Jimmy Butler taken to locker room in wheel chair

Klay Thompson's first five years in historical context

WATCH: Cubs' Kris Bryant went swimming with sharks

Sports Authority taking steps to file for bankruptcy

Major League Baseball threatens to disassociate from DraftKings

NFL considering moving Pro Bowl to Australia

Joe Montana warns NFL players about potential long-term damage after retirement

Report: Two people fired for leaking Jason Pierre-Paul information

‘Crying Jordan’ photographer had no idea it existed until this week

NHL nightmare: No Canadian teams in the NHL playoff hunt

Seven unheralded players set to make major impacts in SB 50

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 14 biggest plays in Super Bowl history

Five outrageous predictions for Super Bowl 50

QUIZ: Name the winning starting quarterback from every Super Bowl

The top six matchups that could decide Super Bowl 50

Seven unheralded players set to make major impacts in SB 50

10 underrated performances in the NBA Slam Dunk Contest

X-factors in Super Bowl 50

NHL nightmare: No Canadian teams in playoff hunt

QUIZ: Name the Super Bowl halftime performers since 1991

Manziel's father fears for QB's life

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