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Alex Rodriguez

Full Name: Alexander Emmanuel Rodriguez
Born: September 10, 1981 in Simi Valley, CA
Height: 6’8″ Weight: 225
Bats: Right Throws: Right
Personal: Single, Daughter (Natasha)
Resides: Somewhere, NY
MLB Debut: July 8, 1994

Notes

  • 2005 American League MVP
  • Named Ranger team caption Jan 25, 2004 (only second in team history), and was traded 21 days later.
  • 2003 American League MVP (on a last place team)
  • Holds Ranger record for most HR by a shortstop (57 – 2002)

Team History

  • 1993-2000: Seattle Mariners (originally drafted June 1993)
  • 2001-2003: Texas Rangers (as a free agent on Dec 11, 2000)
  • 2004- : New York Yankees (via trade with $ for Alfonso Soriano & PTBNL (Joaquin Arias – Mar 24th) on Feb 16, 2004; EFA Oct 27, 2007, resigned Dec 13, 2007)

Salary History

  • 2017: $20 Million
  • 2016: $20 Million
  • 2015: $21 Million
  • 2014: $25 Million
  • 2013: $28 Million
  • 2012: $29 Million
  • 2011: $31 Million
  • 2010: $32 Million
  • 2009: $32 Million
  • 2008: $27 Million
  • 2007: $27 Million
  • 2006: $25 Million
  • 2005: $25 Million
  • 2004: $21 Million
  • 2003: $21 Million
  • 2002: $21 Million
  • 2001: $21 Million
  • 2000: $4,362,500 Million
  • 1999: $3,112,500 Million
  • 1998: $2,162,500 Million
  • 1997: $1,062,500 Million
  • 1996: $442,334
  • 1995: $442,333
  • 1994: $443,333

The notes and old contract stuff is a friggin mess! I posted it all, but reading back, it confuses me! Especially the salary notes and charts from when he was traded from Texas to New York.

2008-2017 Contract Notes

This contract got officially signed on December 13, 2007. It doesn’t appear to be as heinous to keep track of as the last contract (especially after being traded from Texas), but still has some insaneo numbers. The yearly salary numbers are listed above, but a few notes:

  • There’s a $10 million signing bonus. $2 million of that was paid immediately, $1 each Jan 15 from 2009-2013, and $3 million on Jan 15, 2014)
  • There’s a $30 million marketing bonus tied to home run milestones. There’s a $6 million bonus for reaching career home runs 660 (Mays), 714 (Ruth), 755 (Aaron), tying the major league record, and breaking the major league record (both Bonds).
  • Texas Rangers are obligated to pay $9 million in deferred money left over from the opted out contract. This will be $3 million increments in 08, 09, & 10 (with interest).

2008-2010 Opted Out Details

These are the details of the contract that were opted out of at the end of the 2007 season. These were modified per the 2004 trade to the Yankees from Texas, but are now invalid due to the opt-out.

Year Salary
Original Deferred (TX Pays)

Addtl Deferred (NY Pays)
2008 $24 Million (TX pays $8 Mil) $3 Mil (1.75% Int) – in 2023 $1 Million (0% Int) – in 2011
2009 $24 Million (TX pays $7 Mil) $3 Mil (1.75% Int) – in 2024 $1 Million (0% Int) – in 2011
2010 $24 Million (TX pays $6 Mil) $3 Mil (1.75% Int) – in 2025 $1 Million (0% Int) – in 2011

2004 Revised New York Yankees Salary

When Alex was traded to the Yankees in Feb of 2004, his contract was revised in terms of deferred money payments and base salary This chart shows the revisions, and notes regarding his NY salary. I’ve also left the original salary terms below from when he signed with the Rangers.

Year Salary
Original Deferred (TX Pays)

Addtl Deferred (NY Pays)
2001   $5 Mil (1.75% Int) – in 2016  
2002   $4 Mil (1.75% Int) – in 2017  
2003   $3 Mil (1.75% Int) – in 2018  
2004 $18 Million (TX pays $3 Mil) $3 Mil (1.75% Int) – in 2019 $1 Million (0% Int) – in 2011
2005 $21 Million (TX pays $6 Mil) $4 Mil (1.75% Int) – in 2020 $1 Million (0% Int) – in 2011
2006 $21 Million (TX pays $6 Mil) $4 Mil (1.75% Int) – in 2021 $1 Million (0% Int) – in 2011
2007 $23 Million (TX pays $7 Mil) $4 Mil (1.75% Int) – in 2022 $1 Million (0% Int) – in 2011

2004 Salary Revision Notes

  • The revisions have a total devalument of salary of $5 Million. To compensate, Arod will get a hotel suite on road trips, the right to link his website to the Yankees site.
  • The deferred money is technically now called an “assignment bonus”, which means that it’s guaranteed in the case of a work stoppage.
  • The Rangers also bought Arod’s house in Texas, as well as his luxury suites at the Ballpark in Arlington & The American Airlines Center

Original Texas Rangers Salary

NOTE: This was his salary breakdown as set before the 2001 season started. After the 2001 season, his salary was renegotiated to have more deferred money, but I don’t know what the breakdown of that is.

Base
Salary: $252 Million
Year Salary Deferred
2001 $21 Million $5 Mil (3% Int) – in 2011
2002 $21 Million $4 Mil (3% Int) – in 2012 
2003 $21 Million $3 Mil (3% Int) – in 2013
2004 $21 Million $3 Mil (3% Int) – in 2014
2005 $25 Million $4 Mil (3% Int) – in 2015
2006 $25 Million $4 Mil (3% Int) – in 2016
2007 $27 Million $4 Mil (3% Int) – in 2017
2008 $27 Million $3 Mil (3% Int) – in 2018
2009 $27 Million $3 Mil (3% Int) – in 2019
2010 $27 Million $3 Mil (3% Int) – in 2020

Alex gets a signing bonus of $10 million, broken down into $1 million payments on March 1st and December 1st of every year between 2001 & 2005.

Base Signing Clauses (2001-2007 contract):

  • During the years 2001-04 Rodriguez’s base compensation of $23 million (which includes $2 million in prorated signing bonus) shall be increased $2 million above the highest average annual value of any other shortstop in major league baseball.
  • After the 2007 season, Rodriguez has the right to void seasons 2008-10 of the contract and become an unrestricted free agent.
  • After the 2008 season, Rodriguez has the right to void the 2009 and 2010 seasons and become an unrestricted free agent, unless the team increases his ’09 and ’10 salaries by the greater of $5 million or $1 million above the then largest salary of any position player.

Award Bonuses (for 2001-2007 contract):

  • League MVP: First time, $500,000; Second time, $1 million; Third time and after, $1.5 million
  • Second- through fifth-place finish, $200,000
  • Sixth- through 10th-place finish, $50,000
  • All-Star Game selection: $100,000
  • Most All-Star Votes in League: $100,000
  • Baseball America, The Sporting News, AP, UPI, USA Today All-Star: $100,000
  • Baseball America, The Sporting News, AP, UPI, USA Today MVP or Player of the Year: $100,000
  • World Series MVP: $200,000
  • League Championship Series MVP: $150,000
  • Gold Glove: $100,000
  • Silver Slugger: $100,000

Alex Rodriguez Links