go to MSN.com
Found February 02, 2013 on Bush League Chronicle:

Via Bush League Chronicle:

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 the players who has benefited in a tremendous way financially is New York Yankees slugger Mark Teixeira.

Teixeira inked a massive eight-year, $180 million free agent deal with the Yankees in January 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 fallen more than 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), RBI (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 $90 million for his services.

17 Comments:
  • Boo hoo. You took the money idiot.
  • and you wouldn't??????????
  • What is he crying about? I didn't hear him crying... in baseball. I heard him feeling embarrassed, stating the truth against his own financial interests. I didn't know he had it in him, but I think it speaks highly of him to say "I know I'm overpaid, I don't blame people for criticizing me." How is that begging for sympathy??
  • Love it. Thank you Teixeira for saying what no one else will. Yeah, I signed the deal. Yeah, I'm very aware I'm not (or anyone else) is worth it. I've yet to see a return on investment that justifies some of these larger deals. It's difficult to calculate with so many variables, but it just seems as if the players are very much on the winning side.
  • Finally, someone admits it, They are all overpaid.
  • Kudos to Tex for saying what we're all thinking. No-one, absolutely no-one, is worth the kind of money these players are getting. But is it their fault? Heck no, it's the fault of the owners of these teams that continue to give them the big bucks. The only thing I wish would happen - if you really don't think you're worth what they're paying you, why don't you offer to given some back so the Yanks can afford to buy more players.
  • Actually it's not the owners' fault, it's the Agents'. Do you think the Owners' want to pay Players $20Mil/Year? Heck NO!
  • A-Rod is over paid and totally worthless ....!
  • BRAVO,BRAVO,BRAVO......
  • You are over paid Mark and you can't hit in the playoffs either.
  • Yet he passed on a deal with his himetown Orioles to go for the cash and head to NY. Seems a bit hypocritical to me.

    He is correct in his statement that NO ONE is worth $20M to play a kids game. Especially when folks making less than $50K are forced to pay $80 for a bleacher seat and $10 for a Coke at Yankee Stadium.
  • So true, anpther overpaid lazy slouch!But atleast he admits it.
  • Most athletes are overpaid, but there isn't one person tagging on this site that wouldn't take the same money if you could get it. But at leaset give him credit for being man enough to say what he did. Most athletes wouldn't have the guts to say what Teixeira said.
THE BACKYARD
RELATED ARTICLES

Mark Teixeira knows he’s overpaid, aging

Mark Teixeira gave a thoroughly honest interview to the Wall Street Journal in which he admitted that he is overpaid and aging. Teixeira signed an eight-year, $180 million contract with the New York Yankees prior to the 2009 season. He has four seasons left under the current deal, and he is scheduled to earn $22.5 million each year. Though he was one of the most productive first...

Mark Teixeira Rocks

I'm pretty sure Mark Teixeira is doing it wrong.The New York Yankees slugger opened up to the Wall Street Journal, admitting that, among other things, he is, well...not the player he used to be."Maybe I'm slowing down a tick. Look, I'm not going to play forever," the 32-year-old said.  "Eventually you start, I don't want to say declining, but it...

Report: Alex Rodriguez Has ‘No Plans’ to Retire, Focused on Rehabbing Hip

Alex Rodriguez is showing plenty of perseverance. Or maybe he just really likes money. Either way, we shouldn’t be so quick to write off A-Rod’s career. Rodriguez has “no plans” to retire from baseball, according to the New York Daily News. Rodriguez had hip surgery earlier this offseason and was already expected to miss a big chunk of 2013, but his future became even cloudier...

Yankees’ Alex Rodriguez injected by clinic operator

New York Yankees third baseman Alex Rodriguez was injected with performance-enhancing drugs as recently as last spring by Anthony Bosch, operator of the now-infamous Biogenesis of America clinic in south Florida, according to an “Outside the Lines” report. The texts, the source said, usually came late at night, telling Anthony Bosch to come to the house. Bosch would...
LIKE PEELING AN ONION

Clinic head injected A-Rod with PEDs?

Reports now allege that Anthony Bosch, the director of the Biogenesis clinic in Miami, would travel to Alex Rodriguez's home and personally inject him with PEDs.

Yankees Injury Update

Yankees Injury Update Throughout 2012 and early 2013, the New York Yankees saw big injuries happen to big-name players. Spring Training 2013 begins on Saturday, February 16, and the Yankees are counting on those big names to come back strong and push the team into the postseason once again. Here is an update on the injuries to the Yankee’s key players. Derek Jeter...

Alex Rodriguez Personally Injected By Bosch With PEDs

The disturbing allegations of PED usage are just getting worse and more detailed for Alex Rodriguez. By now this story has been covered by almost every angle and in most cases it feels like we are in a space-time continuum that has warped us back to 2005. At this point fans of Alex Rodriguez and the Yankees don’t need to hear an apology, they don’t need to hear agents or PR...

Yankees Officially Sign Travis Hafner

From Yankees.com: The Yankees on Friday finalized a one-year contract with free-agent slugger Travis Hafner, who is expected to help fill the club's designated hitter slot for the 2013 season. Hafner, 35, batted .228 with 12 home runs and 34 RBIs in 64 games for the Indians last season. Cleveland cut ties with Hafner in October, choosing to pay the left-handed hitter a $2...

More Disappointment for MLB: Anthony Bosch Reportedly Injected Alex Rodriguez With PEDs

The news just gets more and more disappointing for baseball fans. We recently learned of a big doping lab in Miami, Florida. Today, a report from ESPN says that Biogenesis boss Anthony Bosch personally injected Alex Rodriguez with performance-enhancing drugs. According to the report, Rodriguez got personal treatment - secretive...

Alex Rodriguez Accused Of Not Cheating Well

On Tuesday, the Miami New Times reported that Alex Rodriguez had been receiving performance enhancing drugs from a wellness clinic in Miami, Florida. This really blows if you are a New York Yankee fan because that means you have to defend the Yankees’ 2009 World Series championship against people that will say it was tainted. It also blows because A-Rod has definitely not been...

1936 Yankees more productive than Murderers Row

Plenty has been said about the 1927 New York Yankees classifying them as the greatest offensive team in the history of Major League Baseball. Whenever a team is putting up all time numbers over the course of a season, they are always compared to the 1927 Yankees. When the Pittsburgh Pirates started trading away players in their prime in the late 2000s, General Manager Neal Huntington...

Travis Hafner Will Be the Latest Vet to Revive Career With The Yankees

So is anyone sick of talking about Alex Rodriguez yet? Since the answer to that question is probably yes, here is some more Yankee news that should interest fans.  On Thursday, the Yankees and former Cleveland Indian Travis Hafner agreed to a one year deal worth about $2 million which could turn to $4 million based on plate appearances.  Hafner is expected to fill the role that...

A-Rod reportedly received injections from Anthony Bosch

Alex Rodriguez is denying allegations that he received performance-enhancing drugs from Anthony Bosch’s Biogenesis company, but the evidence against him is mounting. On Tuesday, the Miami New Times reported that A-Rod was one of many MLB players who ordered performance-enhancing drugs (in many cases testosterone) from the now-defunct Biogenesis company. Their report was based on...

Hot Stove Notes: Yankees Add Hafner, Red Sox Counter with Overbay

Both the Yankees and Red Sox added veteran bats to their roster yesterday, as Travis Hafner and New York agreed to a one-year deal worth $2 million, while the Red Sox inked first baseman Lyle Overbay to a minor league deal with an invite to Big League Spring Training. Were these two moves linked to one another, like the old days? That’s doubtful, but it was a good way to start...
Yankees 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!

RUMORS & GOSSIP

Michael Vick irked by Riley Cooper not returning his texts

New York Jets QB Michael Vick stood up for Riley Cooper after he was caught on camera hurling a racial slur a black security guard at a concert. He caught a lot of slack doing so, incurring the wrath of teammates were didn't want to let Cooper off the hook so easily. “Guys were mad at me for a while,” Vick said, via ESPNNew York's Ian O’Connor.  “They were upset...
Via 60 Max Power O
6 hours ago

Wade-Union wedding guests to sign confidentiality agreements

Dwyane Wade and Gabrielle Union are set to get married in South Florida on Saturday, but don’t expect to hear much about the wedding. Like LeBron James, Michael Jordan and many other high-profile athletes and celebrities, the couple is demanding that guests keep all details of the event private and even making them sign off […]
Via Larry Brown Sports
3 hours ago

Report: Gordon exploring idea of playing in the CFL this year

ESPN’s Chris Mortensen reports that suspended Browns WR Josh Gordon is in the process of exploring  the possibility of playing the rest of the year in the Canadian Football League. This news comes just a day after Gordon lost his appeal regarding the year-long suspension he was facing for another violation of league policy. Albert Breer mentions that Gordon would need permission...
Via NFL Trade Rumors
2 hours ago

NFL wants fantasy football-based curriculum in schools?

You actually did read that right. NFL chief marketing officer Mark Waller broached the subject of bringing fantasy football-based curriculum into elementary schools in a conversation with the Wall Street Journal (h/t Los Angeles Times).  We want to make sure that at the younger age, there’s a format for fantasy and a way to play that will allow you to engage. But also use it...
Via Sportsnaut
8 hours ago

Cam Newton: ‘No doubt’ I’ll be ready for Week 1

Exhale, Panthers fans. Your franchise quarterback will be under center on Sept. 7. Per the Charlotte Observer, Cam Newton, who's dealing with cracked ribs, affirmed he'll be ready for the regular season opener in Tampa Bay. “There’s no doubt in my mind,” Newton said. “I’m just going to worry about things that I can control. I’m going to continue to come in...
Via Helmet2Helmet
21 hours ago

Don't bother asking Bill Belichick a soccer question

Don’t ask Bill Belichick — head coach of the New England Patriots — his opinion on Jermaine Jones signing with the New England Revolution. Bill Belichick doesn’t care about the New England Revolution. Bill Belichick doesn’t care about soccer. Bill Belichick cares about winning football games. Love this answer from Belichick the other day when asked about the NE Revolution...
Via Next Impulse Sports
16 hours ago

Josh Shaw admits faking rescue story, suspended indefinitely

Twitter/@ThePeristyle On Tuesday, we learned that USC senior defensive back Josh Shaw may have made up a story about how he injured both of his ankles. According to Shaw, he injured them while he was rescuing his nephew from drowning at a family event. However, Trojans head football coach Steve Sarkisian told reporters that there were reports that contradicted his captain’s description...
Via College Spun
17 hours ago

WATCH: Laird Hamilton rides huge wave, shoots Malibu pier

Via Guyism
21 hours ago

Mickey Mantle's driver's license on eBay for big bucks

Fans taking food out of their kids mouths to spend it their passed sports idols’ memorabilia always struck me as exceptionally macabre. That...
Via Busted Coverage
1 day ago

Dan Snyder: New Redskins stadium in the works

Redskins owner Dan Synder told CSN Washington Wednesday that they have “started the process” of planning a new stadium. “Whether it’s Washington, D.C., whether it’s another stadium in Maryland, whether it’s a stadium in Virginia, we’ve started the process,” Snyder said. “We are going to push forward. We’ve started meeting with architectural firms. We are in...
Via NFL Trade Rumors
17 hours ago
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.