Tim Lincecum and 5 Players Who Lost Millions in Contract Money in 2012

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Tim Lincecum and 5 Players Who Lost Millions in Contract Money in 2012
Jason O. Watson/Getty Images

A contract year in baseball—or in this instance, possibly even a season before a contract year—is a crucial time in a ballplayer's life.

There is a ton of pressure to perform at an elite level because the possibility of a multi-million dollar contract weighs in the balance.

The most notable contract year in recent memory belongs to Carlos Beltran when he hit .435 with eight home runs and 14 RBI for the Houston Astros during the 2004 playoffs. He was then rewarded with a seven-year, $119 million contract with the New York Mets.

Sure, that contract was largely based on the player he developed into with the Kansas City Royals, but that historic postseason in a contract year certainly drove up the price a considerable amount.

And while there are players in baseball that are driving up their asking price by millions of dollars this season, there are also players that are playing themselves out of a enormous contract.

Here's a list of five players that have cost themselves a lot of money in 2012.

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