» Yanks Won't Extend A-Rods Contract Yankees Blog

March 23, 2007

The Yankees don’t intend to offer Alex Rodriguez a contract extension, leaving him the option of opting out of his deal after the season and becoming a free agent. “Alex has a significant contract. The most significant in baseball history,” Yankees general manager Brian Cashman said Wednesday. “He has a decision to make. It’s in his contract. It’s a right he’s earned.”

Under the terms of the deal, Rodriguez can terminate it after this season. He also can stay for 2008 and have the right to opt out of the final two seasons if the Yankees don’t boost his salary to $32 million annually for the final two years.