Contract details for CC & A.J.

This would be a very good year to be on CC Sabathia’s holiday list. According to contract details obtained by the Associated Press, Sabathia will be paid $9.5 million of his $161 million contract by Opening Day at the new Yankee Stadium.

Earning $14 million in ’09, Sabathia’s contract increases to  $23 million in each of the final six seasons of the deal, the largest contract ever for a pitcher both in total dollars and average salary. His deal surpasses the six-year, $137.5 million deal that Johan Santana signed with the Mets.

“With the economy being the way it is, the teams offering the huge amounts of money was pretty crazy,” Sabathia said on Thursday. “But that’s our game, I guess. I was just trying to sit back and decipher through everything and make a decision.”

The AP also reported that Sabathia’s deal ensures he will have a suite on road trips, a provision also in the contracts of several other Major Leaguers. He can void the contract after the 2011 season and file for free agency, but Sabathia said Thursday that he has no plans to do so.

“The decision took longer than people wanted, but that’s why,” Sabathia said. “I planned on that wherever I play is where I’m going to live. I made the decision to play here, so I’m going to live here. … I look at it as though I’m going to be here through the duration of the contract.”

Burnett will earn $16.5 million annually over his five-year, $88.5 million deal, and both players have no-trade provisions.

4 Comments

My omment is mainly concerning the incredible adascity of the Yankees front office to offer these huge contracts to players, while asking the city of New York for $14 million more to finish their new home. How much more money must the tax payers put out for every company in America to survive.
In this case, I feel the Yankees are greedy and do not need more tax payer money, at all. I also hear that the ticket prices are soaring. Is this true ?
I live in PA and have been able to afford ONE trip with my daughter to watch a yankee game. And wouldn’t you know it, it was the only game Jeter missed in 2005, vs the Toronto Blue Jay’s…LOL.
Yank’s let’s stop begging for money and make it affordable for the middle class to come see a game or two in a season.
Brian in PA

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i’ll triple that…get Teixeira
but on another note…
why did the Yankees up their bid for CC…
why…when they already had the highest bid on the table…
who were they bidding against besides the Brewers…
couldn’t they have just put in the opt out clause after 3 years and let the 140 million dollar bid over six years stand…
and if they had to up their bid why not just go to 144 mill (24 million a year avg.)or 144.6 over 6 years…
why give a pither 7 years and go to 161 million…
giving a pitcher big money is always risky…
but it’s something that all teams must do…
especially if they want a front of the rotation starter…
but why be the Team that always gives players soooo much more than they’re worth…
small market teams always have flexibility because they are smart in their signings…
free agents always look to get No-Trade clauses and the Yanks always sign big ticket free agents…
but they need to be more hard nose in their nogotiations and take notes from some of the small market teams…
if they do then they won’t get caught out their with so many aging players who are overpaid on the back end of their contract…
in the case of A.J. Burnett the Yanks had to go to 82.5 million to beat out the Braves…
but in the case of CC…
the Yanks bid 140 million which was more than the highest paid pitcher in baseball Yohan Santana recieved…
few teams wanted to trade for Santana because they couldn’t afford him…
the same money issue also applied to CC…
the teams who could afford CC this year had other big ticket targets and couldn’t get those other free agents and him…
so i ask the same question…
who were the Yankees bidding against…???
i wish i could be there when these nogotiations go down…
i wish Brian Cashman would retire and write a book revealing the details of the negotiations with the free agents he delt with during his tenure with the Yankees…
i want to know who decided to give a 32 year old Arod a 10 year deal for 27.5 million with home run bonuses that take his contract all the way up to 305 million…
i just think thats stupid…
who were they bidding against that made them go that high for that long…????
the yankee fanatic

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I’ll second that. I don’t want Tex!

Julia
http://werbiefitz.mlblogs.com/

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Please don’t let the Red Sox get Teixeira!

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