Found May 30, 2012 on
Race Review Online:
New York Yankees
Los Angeles Angels
Boston Red Sox
It's no wonder the New York Yankees have won more World Series tournaments than any other team in major league baseball: The Yankees have paid four of the 10 most expensive sports contracts of all time. Nine of the 10 most expensive sports contracts occurred in baseball. As any sports fan knows, how much discretionary income a team has in contracts can make a big difference when it comes to performance.
Those players the Yankees paid the big bucks for? A-Rod and Derek Jeter make the list. So do Mark Teixera and CC Sabathia. A-Rod tops the list with a 10-year contract valued at $275,000,000. Per game, Rodriguez makes approximately $169,753.09.
Love them or hate them, every sports fan knows that trades shake up the team dynamic, sometimes enough to propel an underperforming team to the playoffs. Some of the biggest trades to occur in sports history include:
Cristiano Ronaldo's move to pro soccer team Real Madrid
Albert Pujols's move to the Los Angeles Angels, which cost $254 million
Joe Mauer's 8-year contract with the Minnesota Twins
Manny Ramirez's $160 million contract with the Red Sox
The Role of the Contract:
The athlete contract covers several basic principles: Period of Time, Benefits to the Athlete, Obligations, Default Provisions (what happens if neither side delivers), Tax Policy, Dispute, Renewal and other clauses, including Drug Testing, Sponsorships and Behavior. Athletes' agents or attorneys can review a team contract and negotiate on behalf of the athlete for a better deal. However, athletes can also negotiate their own contracts, which is useful for those who do not want to pay fees. The contract typically consists of a boilerplate team contract, which is the same for all team players, and an individual contract that covers salary.
Unless an athlete insists on a "do not trade" clause, athletes may be traded to teams, so long as each party gives their consent. Contracts must be verbally agreed to or signed by athletes; implicit contracts, where agreement is implied but not confirmed, are no longer used in the sports industry. Underage athletes may be required to obtain a parent or guardian signature on contracts, or they may be able to sign the contract themselves. Minor athletes also cannot void a contract at will.
Over the years, athletes have insisted on some pretty strange clauses in their contract, as have team owners. Some of the funniest:
Billy Beane insisted on a clause allowing him to renegotiate his contract if the Oakland A's were sold -- a clause he used to his advantage after a 2005 sale.
Ichiro Suzuki negotiated a 2007 contract extension with the Mariners that included airline tickets to Japan and a rental allowance over $30,000.
Red Sox management insisted that pitcher Curt Shilling stay skinny, incentivizing him with $2 million.
San Francisco giants inserted a contract clause allowing them to drop Barry Bonds if he got in more legal trouble.
Contract questions like these might pop up at your next pub trivia, or might help you negotiate your own contract with better understanding of what's at stake. Whether they sign at a major media event or have their contracts shared with them online, every professional athlete today pays very close attention to what exactly is on each page.
BEST OF MAXIM
AROUND THE WEB
After feasting on the Royals, and then sweeping an even weaker ball club in Oakland over this Memorial Day weekend, the New York Yankees
headed to Anaheim to face the Angels with a five game winning streak.
Well, the Yankees fought for eight innings but unfortunately there are nine innings in a baseball game.
The game was tied 8-8 heading into the ninth and the Yankees had the...
<a href="http://NYYUniverse.com/wp-content/plugins/wordpress-feed-statistics/feed-statistics.php?url=aHR0cDovL05ZWVVuaXZlcnNlLmNvbS9taW5vci1sZWFndWVzL21pbm9ycy13cmFwLXVwLWJldGFuY2VzLWJvdW5jaW5nLWJhY2svYXR0YWNobWVudC9kZWxsaW5iZXRhbmNlc25ld3lvcmt5YW5rZWVzdmJvc3Rvbmo1bmhqNHpvbnRtbC8=" rel=\"attachment wp-att-7059\">Dellin Betances looked much improved for Scranton...
Yankees catcher Russell Martin says home plate umpire Laz Diaz decided on an unusual way to punish him for arguing balls and strikes.
Martin says Diaz wouldn't allow him to throw new baseballs back to his pitchers after fouls during New York's 6-5 win over the Los Angeles Angels on Wednesday night.
Martin and Diaz got into it early in the game, and Martin says Diaz '...
We may have a new low when it comes to power-hungry umpires, if Yankees catcher Russell Martin can be believed. The New York catcher had some eye-opening claims following the Yankees' win over the Angels on Wednesday night. Martin argued balls and strikes with home plate umpire Laz Diaz earlier in the game, and after that, Diaz refused to let Martin throw new baseballs back to...
“I watched a snail crawl along the edge of a straight razor. That’s my dream; that’s my nightmare. Crawling, slithering, along the edge of a straight razor… and surviving.” Seriously, that pic looks like a still straight out of the final scenes in Apocalypse Now. Derek Jeter looks positively Brando-esque. Okay, okay, actual caption: Derek [...]
Anyone who watches baseball knows that certain umpires have certain tendencies. Some guys are animated about called third strikes whereas others are probably more excited about standing in line at a wake than they are about ringing a hitter up. After foul balls, some umpires like to throw a new ball to the pitcher and others would prefer the catcher to do it. MLB umpire Laz Diaz...
REDSOCK CLAIM: The Yankees spend too much money and are exploding Major League Baseball's deficit.YANKEE RESPONSE: Talk about wasting money; Curt Schilling just cost the good people of Rhode Island $100 million.*REDSOCK CLAIM: The Yankee batting order has drifted too far to the left and is out of touch with the America League.YANKEE RESPONSE: The Yankees recognize the civil...
48-year-old retired FDNY lieutenant Richard Kelly is suing the New York Yankees after claiming he suffered a beating at Yankees Stadium in May by pair of drunk brothers. “It wasn’t just an attack on...
Full story at Bob's Blitz ~ http://www.bobsblitz.com
Cory Wade's week started off on a sour note, as the New York Yankees reliver gave up Mark Trumbo's walk-off home run in Monday night's loss to the Los Angeles Angels. But Wade, who started his big-league career four years ago up the freeway with the Los Angeles Dodgers, got a chance to redeem himself before leaving Southern California. With the Yankees clinging to...
The fantasy baseball landscape at third base looks much different than it did at the end of last year. Only three players who ranked in the 2011 top 10 for third base according to ESPN’s Player Rater are currently in the top 10: Adrian Beltre (6), Jose Bautista (8) and Emilio Bonifacio (9). With fantasy elites Miguel Cabrera (currently ranked 3rd) and Hanley Ramirez (5th) gaining...
ANAHEIM, Calif. -- The New York Yankees got home runs from Curtis Granderson and Robinson Cano in a five-run third inning, and they were able to salvage a game against the Los Angeles Angels, winning the finale of the three-game series 6-5 Wednesday night at Angel Stadium. Raul Ibanez tripled off relief pitcher Hisanori Takahashi with one out in the sixth inning, and Nick Swisher...
The Yankees last night only had one good inning. However, that inning was the perfect illustration of what this offense looks like when things are right.
Ervin Santana needed 48 pitches to get through the frame, but more stunningly, he got nobody out with any of the first 38. Russell Martin led off with a eight-pitch walk, advancing to third when Derek Jeter lined the sixth offering...
In an effort to get back in the win column, I am doubling up on my beloved Yankees:
Yankees +122 over Angels / Over 7.5
Bet $150 / $100
In yesterday’s contest, these two teams combined to score 17 runs on 25 hits. There is no reason to suggest they won’t do the same tonight, especially since they were forced to use a combined 11 pitchers, weakening both bullpens. Despite...