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Saturday, November 24, 2007

New Arod deal likely opts out of recognition for BBWAA awards---NY Times

  • Naturally the addition of BBWAA incentives adds luster to the group. The removal or lack of them diminishes it though not nearly enough. That will come in time. Boras is one who championed a lustrous "Oscar" like telecast for BBWAA awards. (The main focus of the NY Times article is the structure of home run incentives in the new contract and doesn't get into the BBWAA of which the author is a non-voting member as a NY Times employee). (sm)

(Murray Chass): "The contract will not have the kinds of award bonuses that filled Rodriguez’s $252 million contract.

  • In the seven years he played under the contract, Rodriguez earned $5.5 million in bonuses, including $3 million for his three Most Valuable Player awards in the last five years.

The Yankees historically do not give players award bonuses.

  • They were willing to construct the new marketing deal because of the unique nature of Rodriguez’s quest.

He will get the marketing money in exchange for making certain appearances linked to his home run milestones over and above what players are required by their contracts to do.

  • Although Scott Boras, Rodriguez’s longtime agent, was said to be working on contract language, he was not involved in the negotiations."
From NY Time article by Murray Chass, "Yanks and Rodriguez Receive Approval for Marketing Deal," 11/25/07

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