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:
Is Madison Bumgarner a bully?
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

SCOTUS petitioned to block $1B NFL concussion settlement

Alabama linebacker Tim Williams arrested on gun charge

Report: Bryant a 'long shot' to play Sunday, could miss 3 weeks

Alabama’s opening week starting QB is transferring

Cubs sign Theo Epstein to five-year extension

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Marlins players surrounded Jose Fernandez’s hearse during its procession

Newspaper runs insensitive headline following Mets win

Curt Schilling plans to run against Elizabeth Warren in 2018

WATCH: Tebow homers on first pitch he sees in first game

Report: Garoppolo still dealing with shoulder pain, mobility

J.J. Watt placed on IR, reportedly expected to miss rest of 2016

NFL Kickoff Week 4: Guess what? The NFL is dying again

Box Score: 9/29 - Sparks, Scherzer and Jaso

How the BoSox went from fringe contenders to AL East champs

WNBA semifinals preview: Will the rust show for Lynx, Sparks?

Breaking down baseball’s Cy Young ballot

TailGreater: 'Sterngating' with the Huskies

Can anyone challenge the Cavs in murky Eastern Conference?

2016 Ryder Cup preview: Five things to watch this weekend

Ryan Kesler disappointed with lack of excitement at World Cup

Lesser known MMA fighters who could be ready for the WWE

Box Score: 9/28 - Bosh, FIFA, Ali and Mangenius

Geno Smith deletes Instagram post possibly critical of Jets

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

NFL Kickoff Week 4: Guess what? The NFL is dying again

WNBA semifinals preview: Will the rust show for Lynx, Sparks?

Breaking down baseball’s Cy Young ballot

TailGreater: 'Sterngating' with the Huskies

Can anyone challenge the Cavs in murky Eastern Conference?

The Worst - NFL Week 3: Steve Smith, Odell Beckham & of course the Browns

FIFA 17 review: O jogo bonito

To save his legacy Chris Bosh must first protect his health

What the NBA (and world) looked like before Kevin Garnett, Kobe Bryant and Tim Duncan

A fond farewell to Vin Scully

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