Originally written 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

McNair: Pats caused problem by not cooperating with Deflategate

Browns terminate contract of Phil Taylor

WWE’s “Superfly” Jimmy Snuka charged in 30-year-old murder case

Randall Cobb: ‘I don’t plan on missing a game’

Ronda Rousey confirms she was supposed to fight Gina Carano

Harbaugh denies using F-word in Jay Gruden exchange

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Urban Meyer: Both J.T. Barrett and Cardale Jones will play

Legal expert: NFL's reported offer to Brady 'really ridiculous'

Seguin called out by former Maple Leafs CEO for partying

No suspension for Sarkisian was made in best interest of USC

Jim Tomsula disputes report Jarryd Hayne has made 49ers

Report: Brady case judge once vacated CBA violation ruling

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

Underdogs: Hopefuls that can shock in the World Cup

Manfred digs Shoeless Joe a deeper grave

Why Mike Trout ain't right

The Opening Drive: Jamal Anderson warns UM fans before heading to Salt Lake City

Best and worst MLB players in August

RG3 blames intern for liking Instagram post trashing owner

Four most surprising roster cuts from NFL teams

Raiders cut Trent Richardson

Caroline Wozniacki smoking cover of ‘Rhapsody’

Everett Golson named FSU's starting QB

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