I wanted to take a look at the richest contracts in MLB history and see exactly what the teams got in return on their investment.
This list will go from highest to lowest and the factor we are using is the average annual value on the contract.
1. Roger Clemens $28,000,022 (2007)
This, to this day, is the contract of all contracts. Clemens made about $4.5 million per month starting in May 2007. Odd but the biggest contract was for by far the shortest length of time; under 6 months. If you extrapolate it out he would have made over $28 million over an entire season.
The Aftermath: Clemens pitched in 18 games and went 6-6 with a 2.18 ERA. The Yankees ended up losing out to the Red Sox in the AL East race but did clinch the AL Wild Card.
2. Alex Rodriguez $27,500,000 (2008-2017)
3. Alex Rodriguez $25,200,000 (2001-2010)
A-rod signed signed with the Rangers after the 2000 season. The contract he signed was at the time the most lucrative contract in sports history. The deal was for 10-years at $252 million.
On February 15, 2004, the Rangers traded Rodriguez to the New York Yankees for second baseman Alfonso Soriano and a player to be named. The Rangers agreed to pay $67 million of the $179 million left on Rodriguez’s contract.
On November 15, 2007, the Yankees and Rodriguez agreed on a 10-year, $275 million contract.
The Aftermath: The Rangers decided they couldn’t afford the sufficating contract and passed it along to the Yankees. After arriving in New York, that post-season, the Yankees had a historic collapse in the ALCS. To top it all off, after the report came out, Rodriguez admitted to using banned substances from 2001 to 2003, citing “an enormous amount of pressure to perform” due to his large contract.
4 – 10 after the jump … (more…)
Read Full Post »