Saturday, July 4, 2015

He may be a cheater, but he's our cheater

And anyway, New York, New York would just tax most of it away from him;
When Rodriguez hit his 660th home run in May, tying Willie Mays for fourth place on baseball’s all-time home run list, it set off a debate over whether Rodriguez would be paid $6 million in bonus money tied to reaching the milestone. A clause in the 10-year, $275 million contract Rodriguez signed in 2007 earmarked a series of home run targets, starting with 660 and culminating with the all-time home run record of 763, and stipulated that Rodriguez would receive cash payments each time he reached one of the thresholds, while the Yankees reaped rewards from marketing each successive home run chase.
Home run hitters have a thousand fathers, but steroids users are orphaned;
But the Yankees argued that they were not obligated to pay Rodriguez the money, because the agreement required that they actually choose to designate each home run as a “milestone,” and market it as such. They decided not to do so, citing Rodriguez’s diminished marketability following his suspension for the 2014 season for performance enhancing drug use, and they contended that this made the payments moot.
 So they'll donate the six mill. to charities instead. Rodriguez went along with that, since the Yankees aren't threatening to revoke the rest of his contract--which seems to have a couple years left to run at an average of $27.5 million per year.

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