Thursday, March 22, 2007

No Contract Extension for A-Rod

The New York Yankees don't intend to offer third baseman Alex Rodriguez an extension on his 10-year, $252 million contract.

The decision leaves him the option of opting out of his deal and becoming a free agent at the end of the season. He has four seasons left on the record contract he signed with Texas before the 2001 season. Rodriguez is owed $27 million in each of the final three seasons.

Rodriguez also can stay for 2008 and have the right to opt out of the last two seasons if the Yankees don't boost his salary to $32 million annually for the final two years.

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