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Terms of endearment

Breakdown of A-Rod's record $252 million contract


A-Rod's Record Contract
Base Salary: $242 million
Year  Salary  Amount Deferred 
2001  $21 million  $5 mill. (3% interest) 
2002  $21 million  $4 mill. (3% interest) 
2003  $21 million  $3 mill. (3% interest) 
2004  $21 million  $3 mill. (3% interest) 
2005  $25 million  $4 mill. (3% interest) 
2006  $25 million  $4 mill. (3% interest) 
2007  $27 million  $4 mill. (3% interest) 
2008  $27 million  $3 mill. (3% interest) 
2009  $27 million  $3 mill. (3% interest) 
2010  $27 million  $3 mill. (3% interest) 
 
 
  A-Rod Based on last season's totals, Rodriguez will earn more than $45,000 per at-bat during the contract. Ezra Shaw/Allsport

Signing Bonus: $10 million
Payday  Amount 
March 1, 2001  $1 million 
Dec. 1, 2001  $1 million 
March 1, 2002  $1 million 
Dec. 1, 2002  $1 million 
March 1, 2003  $1 million 
Dec. 1, 2003  $1 million 
March 1, 2004  $1 million 
Dec. 1, 2004  $1 million 
March 1, 2005  $1 million 
Dec. 1, 2005  $1 million 
 
 
Deferred Salary Schedule
Year  Payout 
2011  $5 million plus interest 
2012  $4 million plus interest 
2013  $3 million plus interest 
2014  $3 million plus interest 
2015  $4 million plus interest 
2016  $4 million plus interest 
2017  $4 million plus interest 
2018  $3 million plus interest 
2019  $3 million plus interest 
2020  $3 million plus interest 
 

Award Bonuses
  • 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 
  •  
     





    Base Salary Clauses
    1) 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.

    2) After the 2007 season, Rodriguez has the right to void seasons 2008-10 of the contract and become an unrestricted free agent.

    3) 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. 
     
     


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