As time goes on, it seems that we are paying our athletes absolutely astronomical amounts of money to play the game they love to play and we love to watch. In the past decade, there have been countless deals that involve some of the game’s best athletes being signed to historically massive contracts. Contracts that involve tens of millions of dollar every season, and even hundreds of thousands of dollars per game, have become somewhat of a norm due to the rate at which these contracts are being signed. These enormous contracts often guarantee the return of a player year after year, but obviously come at a very steep price.
Four of the five largest and most historic contracts have been offered by the New York Yankees, and have obviously been consequently signed by the player. The largest baseball contract of all time was initially offered by the Texas Rangers, but ended up being paid for by the New York Yankees. This deal features none other than that of one of baseball’s all-time greats and future Hall of Famer, Alex Rodriguez. In 2001, Alex Rodriguez signed the largest contract in baseball history with the Texas Rangers, a massive 10 year, 249 million dollar contract. However, Rodriguez was traded to the New York Yankees in 2004, and they were to finish up some 112 million dollars left on the contract.
This deal perhaps paved the way for many other monumental contract signings over the course of the next decade. Derek Jeter, Mark Teixeira, and CC Sabathia would all go on to sign contracts that promised well over 150 million dollars for the Yankees. Joe Mauer, not a Yankee player, has the largest current contract of any non-New York Yankee player, inking a deal prior to this season for 184 million dollar.The information party rocks on: Damn Yankees!