Terms Of Endearment

Here is a breakdown of Alex Rodriguez's record $252 million guaranteed contract which was agreed to by the Texas Rangers on Monday

ESCALATOR AND OPTION CLAUSES

1) During the years 2001 through 2004 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 through 2010 of the contract and become an unrestricted free agent.

3) After the 2008 season Rodriguez has the right to void seasons 2009 and 2010 and become an unrestricted free agent, unless the team increases his 2009 and 2010 salaries by the greater of $5 million or $1 million above the then largest salary of any position player.

AWARD BONUSES

League MVP: winner first time, $500,000; second time, $1 million; third time and after, $1.5 million
League MVP: second- through fifth-place finish, $200,000
League MVP: 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 or USA Today all-star: $100,000
Baseball America, The Sporting News, AP, UPI or USA Today MVP or Player of the Year: $100,000
World Series MVP: $200,000
League Championship Series MVP: $150,000
Division Series MVP: $150,000
Gold Glove: $100,000
Silver Slugger: $100,000

[This article contains a table. Please see hardcopy of magazine or PDF.]