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:
Alex Rodriguez's Most Infamous Moments
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Report: Wentz unlikely to see any playing time this season

Minnesota Wild names Prince’s ‘Let’s Go Crazy’ official goal song

Gabby Douglas joining judges for Miss America pageant

Recruit decommits from Michigan after mail mistake

Dez Bryant reportedly suffers concussion at practice

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Kobe Bryant to be honored with his own day in LA on 8/24

Colts sign Antonio Cromartie

Connor McDavid: 'I’m not some 18-year-old kid anymore'

Aguayo seeks out mental coach after missing kicks

Josh Norman unloads on Goodell: He is 'straight horrible'

Siemian named Broncos starter for third preseason game

Four WNBA teams to pay attention to post-Olympic break

Ranking the uniforms of the NFL from worst to best

Madden 17 shows how vital a fresh coat of paint can be

Why people just can't get behind the Washington Nationals

Washington's Josh Norman speaks candidly about multiple NFL talking points

Derrick Rose: Knicks have chance to win every game

Ranking the MLB divisional races

Inside the Pokemon World Championships, where masters are born

NFL players under most pressure in preseason Week 3

Tre Mason's mother: RB is like '10-year-old' due to head injuries

What we learned from this year's baffling SummerSlam event

Football Down Under: Looking back at college football overseas

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

Ranking the uniforms of the NFL from worst to best

Four WNBA teams to pay attention to post-Olympic break

Madden 17 shows how vital a fresh coat of paint can be

Why people just can't get behind the Washington Nationals

QUIZ: Name every player to win a championship with Kobe Bryant

Inside the Pokemon World Championships, where masters are born

What we learned from this year's baffling SummerSlam event

Football Down Under: Looking back at college football overseas

31 memories from the XXXI Olympiad

A push for Heath Slater is a push for America

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