Rumors have been circulating about Robinson Cano and the new contract he may be seeking. The almost 31 year old Cano is a free agent and is reportedly seeking a contact of ten years and roughly $300 million. Although Cano denies these rumors, his representation of CAA and Jay-Z have reason to push the Yankees for the monster deal.
Robinson Cano has had a very productive career. He has a career batting average of .309 and has averaged 107 RBIs in the past four seasons. Although impressive statistics, alone they would not warrant a $300 million contract. The current state of the Yankees gives Robinson Cano the best chance of getting a mega deal. The Yankees are saying goodbye to legend Mariano Rivera and long time Yankee Andy Pettitte this season. The Yankees are also dealing with the Alex Rodriguez situation which currently is in arbitration.
All these factors make for a Yankee organization that is desperate to keep the brand of high profile players that they have become known for. The problem for the Yankees is they have had to learn a difficult lesson about long term big money contracts. Before the 2008 season, the Yankees made Alex Rodriguez the richest player in the history of the league by giving him a ten year contract worth $275 million. With Rodriguez's current on field production (or lack there of) and his off the field issues it is likely that the Yankees are regretting the enormous contract they gave him.
Final Thought
It has been rumored that the Yankees have offered Cano an eight year contract worth $138 million and a six year contract worth $144 million. Either of these contracts would make Cano the highest paid second baseman in baseball. I think the contacts offered by the Yankees are risky considering the age of Cano. Hal Steinbrenner has said that he wants the Yankee payroll to be $189 million or less for the 2014 season. Good luck. It will be interesting to see what the Yankees do. If they give in to Cano's request they may be making a long term mistake (again).
@dmrosen7
Showing posts with label New York Yankees. Show all posts
Showing posts with label New York Yankees. Show all posts
Monday, September 30, 2013
Monday, August 5, 2013
Alex Rodriguez Set To Lose More Than Salary
Major League Baseball handed down some impacting punishments for many players on Monday stemming from the Biogensis performance-enhancing drug scandal. The biggest name being suspended was Yankee third baseman, Alex Rodriguez. After frequent denial of drug use, Rodriguez was suspended for the remainder of this season and all of the 2014 season. It is likely that he will be able to play some more games this year as the appeal process takes time to complete.
If the suspension is upheld Alex Rodriguez will lose considerable dollars in salary. It is projected that Rodriguez is set to lose anywhere between $30.6 million and $32.7 million. Although this is a significant loss for any person, Rodriguez will be able to handle the financial hit better than most people.
Alex Rodriguez will lose more than just his salary with his suspension. Rodriguez was not a well-liked athlete before the scandal broke. In fact, Forbes magazine ranked Alex Rodriguez in the top ten list for most disliked athletes in 2013. With the news of the suspension, fan support for Alex Rodriguez will be expected to fall further. For a player that has already made hundreds of millions of dollars, image must mean something.
Final Thought
Alex Rodriguez has proven that his image as a player and a person are important too him. If Rodriguez willingly took a risk by taking performance enhancing drugs, he clearly cares what others think of him. Rodriguez has a guaranteed contract and he knew how much money he could potentially be risking by trying to remain a dominant player in baseball.
I believe that performance-enhancing drugs provided Major League Baseball with years of success. Exciting players appeared all around the league and they were able to set records that previously seemed untouchable. Rodriguez was a part of this exciting era in baseball and I honestly can't blame him for using the drugs. The unfortunate decision for Alex Rodriguez was the continual denial of his use of the drugs. Had Rodriguez stopped using PEDs once baseball started to get serious about the situation, many fans around the league would have better understood the situation. Alex Rodriguez now faces over a year suspension that could potentially cost him a lot of money and any brand equity that he had left.
@dmrosen7
If the suspension is upheld Alex Rodriguez will lose considerable dollars in salary. It is projected that Rodriguez is set to lose anywhere between $30.6 million and $32.7 million. Although this is a significant loss for any person, Rodriguez will be able to handle the financial hit better than most people.
Alex Rodriguez will lose more than just his salary with his suspension. Rodriguez was not a well-liked athlete before the scandal broke. In fact, Forbes magazine ranked Alex Rodriguez in the top ten list for most disliked athletes in 2013. With the news of the suspension, fan support for Alex Rodriguez will be expected to fall further. For a player that has already made hundreds of millions of dollars, image must mean something.
Final Thought
Alex Rodriguez has proven that his image as a player and a person are important too him. If Rodriguez willingly took a risk by taking performance enhancing drugs, he clearly cares what others think of him. Rodriguez has a guaranteed contract and he knew how much money he could potentially be risking by trying to remain a dominant player in baseball.
I believe that performance-enhancing drugs provided Major League Baseball with years of success. Exciting players appeared all around the league and they were able to set records that previously seemed untouchable. Rodriguez was a part of this exciting era in baseball and I honestly can't blame him for using the drugs. The unfortunate decision for Alex Rodriguez was the continual denial of his use of the drugs. Had Rodriguez stopped using PEDs once baseball started to get serious about the situation, many fans around the league would have better understood the situation. Alex Rodriguez now faces over a year suspension that could potentially cost him a lot of money and any brand equity that he had left.
@dmrosen7
Thursday, July 11, 2013
Dollars & Sense - A-Rod's Impact on Minor League Attendance
For a paper in one of my classes back in my freshman year of
college, I sat down with the General Manager of the Trenton Thunder (NY Yankees
Double-A affiliate), Will Smith, to talk about what it is like to be a GM at
the minor league level. Of course, one
of the major points that I wanted to touch on was how to consistently put butts
in the seats, which is the goal of any GM in sports but especially minor league
baseball. He went through the laundry
list of business promotions, the focus on selling to groups, the whole nine
yards. But minor league baseball has a
unique attendance draw that nobody else has.
Rehab assignments.
Now, he was clear that they do not ever root for a player
to get hurt just so that there will be the inevitable rehab assignment. But these assignments are such a huge
draw. Where else can you see major
league stars play while sitting in a $10 seat in the first row?
Alex Rodriguez, the New York Yankees third baseman
recovering from hip surgery, recently began a 20-day rehab assignment through
the Yankees’ minor league system. A-Rod’s
presence was certainly felt, drawing huge crowds (Single-A speaking) out to the ballpark.
| usatoday.com |
The assignment began in Charleston, N.C. with the Riverdogs,
the Yankees’ low-A affiliate. According
to Bleeding
Yankee Blue, last year the Riverdogs averaged just under 3,800 fans per
game. Their stadium seating capacity is
about 6,000. On July 2nd, the
first game that A-Rod played in Charleston, an impressive 8,255 fans came out
to Joseph P. Riley Park. It was the
second largest crowd on head at the park, just behind its opening
day in 2007.
After another night with the Single-A Riverdogs and another
night above capacity, A-Rod made his way down I-95 (Hey, that’s us!) to play
for the high-A Tampa Yankees. The night prior to A-Rod’s arrival, Tample had a
crowd of about 1,500 fans. The very next
night with A-Rod in the lineup, the Tampa Yanks more than doubled the
attendance with
3,148 fans in attendance.
As A-Rod moves his way up through the system, more of the
Yankees’ farm system will feel the power of having a superstar major-leaguer on
their field. With likely stops in
Double-A Trenton and Triple-A Scranton/Wilkes-Barre, A-Rod’s name will be a
huge draw. Eduardo Nunez recently
finished a rehab game with Trenton on the Fourth of July and Derek Jeter has been
in Scranton/Wilkes-Barre for a few days.
Although Thunder GM Will Smith said that they certainly do
not root for players to get hurt, he certainly does not mind the extra faces in
the stands. The Thunder are one of the more successful minor league franchises
and even after a couple of days of fireworks and a retirement
party for their long-time bat-dog, Chase, A-Rod’s presence will surely
bring the best crowds of the season.
Follow Kevin Rossi on Twitter @kevin_rossi.
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