|
EVENTS
Sportsman of the Year
Heisman Trophy
Swimsuit 2001
CENTERS
Fantasy Central
Inside Game
Video Plus
Statitudes
Your Turn
Message Boards
Email Newsletters
Golf Guide
Cities

CNNSI.com GROUP
Sports Illustrated
Life of Reilly
SI Women
SI for Kids
Press Room
TBS/TNT Sports
CNN Languages
COMMERCE
SI Customer Service
SI Media Kits
Get into College
Sports Memorabilia
TeamStore
|  |
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) |
| |
| |
| |
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. |
| |
| |
|
Copyright © 2001
CNN/Sports Illustrated
An AOL Time Warner Company.
All Rights Reserved.
|
Terms under which this service is provided to you.
Read our privacy guidelines.
|
|